Monday, June 13, 2011

Taken by surprise- dividend yielding stocks..

It was after a long time that I was closely monitoring my bank statements.. was surprised to see that there was a steady flow of money (small but decently big to get me interested offcourse..)..

Well, after doing some deciphering, realized that these are some dividend money trickling in.
The beauty of this money is - its tax free in India!

Well.. I am sorry if I am sounding a lil stupid.. but believe me, had never thought that dividends are tax free.. and could get significant.

I guess - its certainly one of the things I will give close attention from now on!
Afterall, now I can show my wife that it's a lil more than phantom cash afterall :-)

Ciao till next time...Harsha