*Do you know❔*
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💢You can get back all your Home loan interest you pay through EMI's.
*How❔*
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💢 If you avail Home loan of 10 lacs for 20 years with an interest rate 9.5% your..... #SIP
Monthly EMI: Rs. 9,321.31/-
Principal Amt : Rs. 10,00,000/-
Interest Payable : Rs. 12,37,144/-
Total Amt Payable: Rs.22,37,115/-
Now to get back your interest you just have to keep aside 0.10% of your home loan amount.
0.10% of 10,00,000/- is 1,000/- per month till the tenure
*Start an SIP Till the tenure of your home loan with the amount you are keeping aside. (ie Rs. 1,000/-)*
what will be value of Rs. 1,000 pm @15% if invested through SIP❔
After 20 years➡
Principal Amt: Rs. 2,40,000/-
Value@ 15%: Rs. 14,97,239/
In Home Loan you pay an Interest of Rs. 12,37,144/- in 20 years.
While in *Mutual fund SIP* you generate a wealth of *Rs. 12,57,239/-* which is more than the Interest amount you are paying in next 20 years.
🎯 Start your SIP now and enjoy interest free home loan..
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IMP Note for #ITC
“Committee is of the opinion that the FDI in tobacco sector albeit in a regulated manner would stimulate the production and processing of Indian tobacco thereby boosting its export.
Rerating Trigger ?
The Committee, therefore, recommends the Department to undertake a study to analyse the prospects of opening FDI investments in the tobacco sector at the earliest,” the report states.
Currently, FDI is prohibited in manufacturing of cigars, cigarettes and tobacco substitutes.
Quality tobacco at par with international standards is available in India at competitive prices and there is good potential for export of Indian tobacco to China. The revival of the phytosanitary protocol with
1. *Uday Kotak on FT Live today.* *_Key points:*_ 2. We are somewhere closer to the Investment cycle 3. Private Investment will go up either in 2022 or early 2023 4. Supply constraints and sustained demand pickup will propel New Investment Cycle @udaykotak#banknifty
5. We have now greater clarity on how Covid19 will do for the past 15 months and even if it is going to be there for a while, we have now ways to meet with it. 6. India fared much better than countries like NZ, Singapore on dealing with 2.0 wave
7. Credit Pickup will happen because the stressed sectors are already taken care of by emergency measures and PLI measures and other relief measures. So Financial Sector will have brighter days.
Doctor’s round table on India Today Channel having 4 highly reputed Doctors panel. It was very informative & I would like to pen down few important points made by these qualified Doctors : 1) Plasma therapy is not at all recommended in the 2nd wave by WHO or any
other Organisations around the World. It is waste of time & money. 2) If needed, CT scan of lungs to be done between 5th to 7th day, otherwise report may be misguiding. 3) No need of any Medication in the 1st week of infection, except Paracetamol (if fever persists)
along with Multivitamins & Zinc. In case of Fever Paracetamol should not be taken SOS but regularly in 6 hourly interval.
4)If symptoms continue, Condition worsens in 2nd week between 7th & 10th day, so pl. keep close monitoring on Oxygen, Coughing frequency, Pulse & Temperature
Sharing below a post from Hanuman Mal Bengani the ex CEO of Linde India.
Linde is one of the largest oxygen producers in India.
“Having spent my life time of 45 years in oxygen industry and involved with setting up 50% of production capacities in 🇮🇳 #India
(as business head of Linde) I can share few things which will probably clear some of your thoughts. First few facts:
1) Industrial and medical oxygen are same product produced in same plant, stored in same tanks and filled in same cylinders. #IndiaFightsCOVID19 #8 Oxygen
For medical oxygen the gas company just have to analyse each batch and certify. No other difference. In fact for industrial we need 99.5% pure oxygen where as for medical as per pharmocopea all over world is 93+\-3%. #CovidResources