Table of Contents of the Book: 8170948274

Contents

Preface to the Twentieth Edition

Acknowledgements

1.

The Economic Survey: 2010-2011

 International Developments  GDP Growth  Industry  Agriculture  Infrastructure  Inflation  Balance of Payments  Gross Domestic Savings  Money Supply (M3)  Fiscal Deficit  Capital Markets  Economic Outlook for 2011-2012

2.

Union Budget, 2011-2012

 Tax Systems: Policy Proposals  Major Direct Taxes
 Major Indirect Taxation  PSU Disinvestment  Other Proposals  Core Industires: Budget Impact  Appendix 2.1: Budget Impact on BSE Sensex 30 Companies

3.

The Investment Scenario: 2011-2012

 Foreign Institutional Investment  SEBI: The Watch-Dog  Other Major Developments  The Stock Market Diary: 2010-2011  Stock Market Prospects for 2011-12  Appendix 3.1: Some Useful Web-sites

4.

Risks

 The Basis of Intelligent Personal Investment
 Risks Associated with Investing  How Much Risk Can You Take?

5.

Returns

 Components of Returns  Regular Returns versus Capital Appreciation  Dividends versus Yield  Simple and Compound Rates of Return  Compounding, Discounting, Present Values and Annuities  The Rule of 72  Bond Yields  Effect of Taxation on Returns  Appendix 5.1: Interest Tables and How to Use Them

6.

The Forbidden Fruit – Where not to Invest

 Avoid This Ride: Car Rental Investment Firms
 The Dot.coms  Games Promoters Play  Games FIIs Play  Beware of the Big Bulls and Their Scams
 Demat Scam — Cons at the IPO Door
 Cheat Funds  Deposits in Partnership Firms and Private Companies  Peerless-type Savings Organisations  The Stock Market Bubbles
 Miscellaneous Crooks  Conclusion

7.

Personal Taxation

 Tax Laws  Income Tax  Income Tax Benefits on Certain Investments  Income Tax on Salaries
 Tax on Income from House Property  Income Tax on Capital Gains  Income Tax on Speculation in Shares  Inclusion of Other Persons’ Income in Assessee’s Income  Wealth Tax  Your Tax Calendar  Annexure 1: Direct Tax Code 2010 (DTC)

8.

Protection through Insurance

 Objectives of Life Insurance  How Much Should You Insure?  The Cost of Life Insurance  Types of Insurance Policies  Unit Linked Insurance Policies (ULIPs)  Householder’s Insurance  Joint Life Plans Children’s Plans  Women’s Insurance Plans  Some Guidelines

9.

Small Savings Schemes

 Common Features  Post Office Savings Schemes
 Public Provident Fund  Savings Certificates
 Conclusion

10.

Bank Deposits

 New Era in Banking  Guidelines for Fixed Deposits with Banks  Complaints / Banking Ombudsman  Innovative Deposit Schemes of Foreign and Private Sector Banks  Banking Reforms

11.

Investing in Company Deposits, Debentures, Bonds, and G-Secs

 Company Deposits  Debentures of Private Sector Companies  Public Sector Bonds  Finance and Manufacturing Companies with Highest Investment Ratings  G-Secs  Appendix 11.1: Credit Rating System for Debentures and Deposits

12.

Investing in Real Estate

 Agricultural Land  Farmhouses  Urban Land
 House Property  Sources of Housing Finance
 Some Suggestions on House Property

13.

Investing in Gold and Silver

 The Popularity of Gold  Sources and Price of Gold  Gold in India  The Prospects for Gold
 Silver

14.

Equity Shares

 Dreams and Nightmares  Advantages of Equity Investment  Problems of Investing in Equity Shares  Types of Equity Shares  Factors which Influence Share Prices  A Framework for Analysis and Decisions  Recommended Equity Investments: 2011-2012  10 Model Portfolios

15.

Stock Market Derivatives

 From Hedging to Speculating  What are Derivatives?  How to read Newspaper Prices  Derivatives vs. Stocks  Derivatives in India Comes of Age

16.

Mutual Funds

 Types of Mutual Funds  How a Mutual Fund Operates  Advantages of Mutual Funds
 Performance of Mutual Funds  Risks Involved in Mutual Funds  Private Sector and Joint Sector Mutual Funds  Money Market Mutual Funds
 Off-shore Mutual Funds  Innovative Products
 Mutual Fund Ready-Reckoner for Individual Investor

 Appendix 16.1: Websites of Leading Mutual Funds

17.

Personal Tax Planning

 Introduction to Tax Planning  How to Maintain a Zero-tax Status through Fixed Income Investments
 Tax Planning through Long-term Capital Gains from Equity Shares  Tax Planning through Established Growth Stocks  Family Tax Planning  Co-operate with the Taxman  Tax Raids: Some Suggestions

18.

Personal Investment Portfolios: 18 Model Profiles

 Individual Profiles  Risk Categories of Different Individual Profiles  Common Investment Recommendations

19.

Wealth Management

 Problems of Plenty  How Smart Home Works
 Managing Wealth for Your Different Needs  Don’t Just Fill It, Shut It and Forget It  Multi Family Offices — For Ultra Rich Families  A Little Extra Effort Goes a Long Way

Database

 Income Tax Table

Epilogue: The Secret of Success