BESS INSTITUTE OF MANAGEMENT STUDIES & RESEARCH, MUMBAI-09

SUMMERY OF ARTICLES

MAGEZINE: - CAPITAL MARKETING

JAN 24-FEB 06, 2011

Owner: Capital Market Publishers India Pvt. Ltd. Managing Director & Editor: S. Anantharaman Executive Director: Ruby Anand Assistant Editor: Y. J. Thakkar Senior Correspondent: Sameer Purohit

PREPARED BY:MISAM MERCHANT BHAKTI CHAUDHARI

SUBMITTED TO:PROF. MUSTUFA SAPATWALA DATE: - 01/10/2011

ARTICLE 1 AUTHOR: -SHIVDEEP SINGH

PAGE NO. 16

The cost of maintaining a demat account may put off investors. But commission has fallen to less than 50 basis points. One of the direct ways of purchasing a mutual fund in a no-load regime is to simply log on to the website of a mutual fund house and downloads the application form. Subsequent purchases can be made online. Many websites do not actually sell any mutual fund but only provide advisory assistance. Some on the other hand, also offer a mix of advice as well as retail funds. Many mutual fund houses have physical presence across the country for those who went to transect offline. If that is not possible, a customer can also approach a mutual fund distributor and pay relevant charges to buy a fund. Mutual fund registrars have a majority of mutual fund registered with them. Many mutual fund distributors feel that the demat accounts that are required to trade mutual funds online are expensive for the small investor. Since mutual fund investments can be made with small amounts.

ARTICLE 2 AUTHOR: -RAHUL MANTRI

PAGE NO. 20

Investors would have made 7.5% per month on investing in FPO shares post listing and selling them after a month.

Many smart investors made money as they applied for shares in the FPO and sold them on listings. Investors pocketed an average return on investment of 12.1% within one month. But the size of application for retail investors was capped at Rs. 1 Lacs for most of the FPOs in calendar year 2010.

The analysis once again shows that there are a number of opportunities in the market and investors need to keep their cool to make the most of the over-reactions sen in the market.

Banks and financial institutions were avoiding raising their lending and borrowing rates initially. But after the recent series of hikes in the repo and reverse repo rate and CRR most of the leading banks and financial institutions have started to revise their deposit and lending rates on the higher side to maintain their net intersex margined.

ARTICLE 3 AUTHOR: - TUSHAR DOCTOR

PAGE NO. 69

A dealer who has shifted the main place of business has to give a notice to the prescribed authority within 60 days of such shifting. If a dealer has shifted the main place of business or additional place of business from one are to another within a state then, according to section 18 of Maharashtra Value Added Tax (mvat) Act, 2002, he has to give within 60 days of such shifting a notice to the prescribed authority exercising jurisdiction over the area to with the place of business is being or has been shifted. The dealer has to write a simple letter to the prescribed authority, giving information about changes and furnish necessary details as required, according to provisions and rules of the MVAT Act. While furnishing the necessary details and submitting the required documents. Accordingly, if the prescribed authority is satisfied after such verification as may be necessary, it shall issue a certificate to the dealer after incorporation the new address in the certificate and amend the records.

ARTICLE 4 AUTHOR: - SACHIN KHEDEKAR

PAGE NO. 77

Cash losses and contingent liabilities cast a shadow on small caps in the fiscal year ended 2010

Most companies are out with their annual reports this time of the year. Annual reports carry one short but important inclusion i.e. auditors report. Probable, the report by the statutory auditors is the most important component of the annual report. The shareholders, too, would like the company they invest in to display robust financial performance so as to fetch good valuation from the market. As neutral observers and whistle blowers, it is the responsibility of the auditors of the auditors to ensure that the financial statement presented by the company is complete and accurate so as to serve the interest of all the stakeholders.

Companies trading in single digit or low double-digit are generally favored by small and retail investors. Small investors simply love to but a higher number of shares with small amount. However, this temptation could be futile and a lose-lose situation for investors.

ARTICLE 5 AUTHOR: -PRASHANT KAPOOR

PAGE NO. 85

Salaried investor and tax audit.

Event management means any service provided to planning, promotion, organizing or presentation of any arts, entertainments, business and includes consultation provided in this regard. The event manager uses his expertise and ideas to manage an event.

There is no other specific under which music program is covered. So if a person directly approaches a musical party to perform on his wedding or for a wedding in family, no service tax will be charged by the musical party. But if an event manager is involved, then he will levy service tax under, Under Event Service. Thus the party performing the musical program in either case is not subject to service tax.

As per section 80C of the IT act, the eligibility criteria for deduction of investment in mutual fund is that the scheme should be equity linked saving scheme. If the mutual fund scheme is not an EKSS, then deduction under section 80C is not available,.