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Dear Sir,

I am Mr. Iqbal Singh Nagpal and my wife Mrs. Daman Nagpal holding the following shares. All shares were acquired during there I .P.O.’s

S.No. Company Name Year of Purcahse during IPO PurchaseValue Iqbal Singh Daman Nagpal
01. Andhra Bank Equity 04.07.2002 10/- 1000 1000
Andhra Bank Equity – 90/- 104 104
02. Reliance Petroleum Ltd. EQ. – 60/- 100 100
03. Reliance Power Ltd. – - 25 27
04. Rural Electrification Corp. Ltd. – 105/- 121 121

Kindly advise us whether we should hold the above shares or Quit /Wait. We can wait and we are not regular traders and we had made above only as investment.

Thanking you,

Best Regards
Iqbal Singh
For Paramount Enterprises
Ph.No.040-24753325
Mobile: 9391069450
Email: perailtech@gmail.com

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I had purchased 42 shares of Reliance Industries Limited on 17 June 2009 (12 Shares @ 2,112.18), 25 June 2009 (5 Shares @ 1,961.31), 6 July 2009 (5 Shares @ 2023.16), 6 July 2009 (10 Shares @ 1958.16) & 30 October 2009 (10 Shares @ 1960.07) AND on 5 December 2009 I got 42 Bonus Shares. Now, I had sold all the 84 shares on 5th April 2010. Can you tell me how much will be my short term capital gains and how much tax I have to pay? Thank you.

You can invest as low as Rs. 1000/-
Ideal will be a minimum of Rs. 5000 to 10000.

Or try Mutual funds where you can invest 1000 to 5000 and enjoy and diversified portfolio.

Regards – Admin

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