Besides being young, one might also have to be a professional or self-employed.
Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
HDFC, the pioneer, ICICI, the game-changer, and SBI, the original teaser, turned the market on its head.
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
Budget might turn out to be neutral for the sector.
Real estate sector cheers reforms in the Budget.
Income from renting of properties is taxed at a flat rate of 10%.
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