A bonus, no doubt, can be spent away. But if used well, it gives you once-a-year option of putting your personal finances back on track
High expenditure depress the insurer’s profits and, in turn, shrink the pool available for distribution for policyholders
Remember, loans come first. If they are high-cost ones like credit card outstandings or personal loans, so do clear those first.
Here is a list of things Savji Dholakia, fondly referred to as Savji Kaka by his employees, has bestowed upon his extended family over the past few years.
Managing Money with Moneycontrol brings to you the best possible ways on how you should use your Bonus/increments.
While changing jobs you must ensure that get all your pending salary dues along with gratuity dues, if any. One should also consider tax implications on issues such as premature withdrawal of PF accumulation.
The company at its meeting held on February 18, has approved the issue of bonus shares in the ratio of 1 share for every 1 share held by the shareholders of the company.
The company has fixed February 21 as a record date for ascertaining the eligibility of shareholders for issuance of one bonus share of Rs 2 each on every existing two fully paid-up equity shares, subject to the approval of shareholders through postal ballot, it said on January 13.
From April 1, 2018, only those investments in equities will be eligible for long term capital gains, where securities transaction tax (STT) has been paid. In other words, only shares bought through the stock exchange platform will be eligible for long term capital gains tax.
The board has also considered the commencement of commercial production of stabilizers and electric water heaters in March 2017 at the new manufacturing facilities set up at Sikkim.
The company's board meeting will be held on February 06, to consider and approve the unaudited financial results for the third quarter and nine months ended on December 31, 2016.
Balmer Lawrie and Company shares fell nearly 13 percent intraday after the stock adjusted for bonus issue.
State-run oil exploration company Oil India shares gained 4 percent intraday to hit fresh 52-week high of Rs 444.20 Thursday ahead of board meeting for bonus issue.
At its meeting held on November 16, the company has recommended the issue of bonus shares in the proportion of 1 equity share for every 1 existing equity shares of Rs 5 each fully paid up of the company, subject to the approval of shareholders.
The board of EIL will meet on November 16 to consider "the issue of bonus shares," the company said in a regulatory filing.
The company's board meeting will be held on November 16, to consider and approve un-audited financial results for the second quarter ended on September 30, 2016 (Q2).
The company has recorded 211 percent jump in its Q2 (Aug-Sept) net profit at Rs 21.8 crore against Rs 7 crore, in the same quarter last year.
The company's board of directors will consider the proposal for issue of bonus shares by capitalization of free reserves at their meeting to be held on October 26, subject to the approval of shareholders.
Indian Oil Corporation (IOC) shares price halved on Tuesday as the stock adjusted for bonus shares. Meanwhile, CLSA has raised target price on the stock to Rs 810 per share from Rs 675 (this price is before the adjustment of bonus issue), citing consistency in free cash flow (FCF).
Here is how you can put your money to best use this festive season.
Bajaj Finance today said it will issue one bonus equity share for each share held by investors.
Bajaj Finance today said its shareholders have approved proposals to split its stock in the 1:5 ratio and also to issue bonus shares in 1:1 ratio.
In what would be one of the highest payouts in India Inc, Aditya Ghosh, President and Wholetime Director, InterGlobe Aviation, bagged a whopping Rs 21-crore one-time incentive, along with 7 lakh shares, for the fiscal year ended March 31, 2016.
The company's board meeting is scheduled to be held on August 26, to consider and adopt unaudited standalone financial results for the first quarter ended June 30, 2016.
Power Finance Corporation said its board will consider issue of bonus shares on July 14 as per capital restructuring guidelines by the government.