Day Trading Stocks & Futures

Could someone here tell me about a reliable mt4 data provider ?
I took a trial from both mt4guru.com & babaji mt4 system- found them good. Both will give you a free trial.
 

Raj232

Well-Known Member
For some reason, I personally do not favor things like NPS where you contribute the money but you can withdraw only 40% of the corpus at 60 years. Additional withdrawal of 20% is allowed but is also taxed. So you cannot rely on your own saving to save your ass if there is crisis in the family (you can withdraw only 20% before 60 yrs). Also, this fund is managed by AMCs like Icici and HDFC. The only benefit I see is you get tax exemption under 80c which you would get even if you invested in ELSS.
Moreover, the government doesnt contribute anything to this fund.

However, its is fine to put small amounts into this and forget and not count on it for emergencies.
You are 100% correct here... but it might happen in future that more than 40% will be made withdraw able.. thats what most are banking on :)
As an investment it would probably be worse then a BankFD. :)
 

sanju005ind

Investor, Option Writer
For some reason, I personally do not favor things like NPS where you contribute the money but you can withdraw only 40% of the corpus at 60 years. Additional withdrawal of 20% is allowed but is also taxed. So you cannot rely on your own saving to save your ass if there is crisis in the family (you can withdraw only 20% before 60 yrs). Also, this fund is managed by AMCs like Icici and HDFC. The only benefit I see is you get tax exemption under 80c which you would get even if you invested in ELSS.
Moreover, the government doesnt contribute anything to this fund.

However, its is fine to put small amounts into this and forget and not count on it for emergencies.
Yes.I agree with you.I used it for Tax purpose since 8- is fill this is over and above you comes under 80 CCD(.a)and (b).only 50K i contribute.I have not opted the second option where in you can invest upto 10% of your basics which will be additional deduction.
 

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