This is the 5 th part of this series so if you are a new reader then please read this story from first part.
Here is the link of 1 st part of this story:-
Here is the link of 1 st part of this story:-
Chandu share market journey with mahesh kaushik
10.07.13
Today Vinyl Chemical give 0.80 rupee per share dividend so Chandu get INR 419 as his first dividend income from stock market.
Chandu is happy because his first income is income tax free ( Dividend income is exempted from Indian income tax law),
Chandu go to nearest ATM and withdraw INR 400 from his first income for buying some sweets as prasad of god.
18.07.13
Today Manali Petro give 0.50 rupee per share dividend so Chandu get INR 277 as his second dividend income from stock market.
Chandu is happy because his dividends incomes are income tax free Chandu think Stock market investment in mahesh kaushik style is world smartest business where:-
No shop space or shop rent require.
Stocks gives dividend in holding time.
Dividends and long term capital gains are tax free.
No need to invest huge money at once.
Profits are income tax free.
17.07.13 Today Guj Sidhee Ltd Ltd give 1 Rupee per share dividend so Chandu get is third tax free dividend income of INR 218
19.07.13
Today BLB Ltd give 0.10 paisa per share dividend so chandu get is fourth tax free dividend income of INR 167 , Now his total dividend income is 419+277+218+167=1081
So Chandu is very happy because he get INR 1081 as tax free dividend income without selling a single stock.
His Total investment from 17 March 2013 to 19 July 2013 ;- 25261
Dividend Income:-1081
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