Thursday, March 25, 2010

Taxation Month

How to face the day in next month? Next month every employee must fill the yearly income and report to Inland Revenue Board (IRB). Is it someone need to realise profit from investment and pay for it?

Maybe this year is my last year reporting after my employment end on last year. I have been selected few counter in my mind but never take any action. I am select to buy in SAAG at 12 cents, Haio before ex- bonus buy in at 9.00 and Gens-C1 at 10.5cents. Of course those proposed shares aim for short term to earn some money to pay tax. But finally action in air.

Today market continue perform positive but seems like turn to weak. There are no interest buying and those share run at low margin. Those negative report on China never reflected at all. Something like bullshit. As I noted every crisis happen without any signal. If there is a signal of warning, that is not crisis. Just a minor adjustment. But the good business in the world is IRB. How many staffs employed by them, We do not know. How to their income, we do not know. Second best department is KWSP(EPF). Those staffs always get better benefit than contributors. WHY???????

1 comment:

stock news said...


Key benchmark indices are likely to open on a subdued note tracking mixed global cues. Wall Street stocks ended mixed yesterday as the market pulled back from 18-month highs after renewed concern about Greece's debt problems. Asian markets were also traded mixed, after US fell as investors took a dim view of a proposed rescue package for debt-stricken Greece. Meanwhile, sustained buying by foreign funds may keep underlying sentiment positive for the domestic bourses.

According to data released by the NSE, in the last session, FIIs were net buyers of index futures to the tune of Rs 238.84 crore, while they bought index options worth Rs 653.74 crore. They were net sellers of stock futures to the tune of Rs 521.31 crore and sold stock options worth Rs 34.50 crore.
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