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Some of the most awaited upcoming IPOs:1.CAMS(Computer Age Management Services Ltd)- IPO Size: 1600 Crore(August 2020 tentative)Computer Age Management Services Ltd is India’s largest registrar and transfer agent of mutual funds.Company is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience.Company has an aggregate market share of 69.4% based on mutual fund average assets under management (“AAUM”) managed by our clients and serviced by us during November 2019.2.UTI (UTI Asset Management Company Ltd)- IPO Size: 4000 cr(August 2020 Tentative)UTI Asset Management Company Ltd is the largest asset management company in India in terms of Total AUM and the seventh largest asset management company in India in terms of mutual fund QAAUM (Quarterly average AUM).Company caters to a diverse group of individual and institutional investors through a wide variety of funds and services.Company manages the domestic mutual funds of UTI Mutual Fund, provide portfolio management services (“PMS”) to institutional clients and high net worth individuals (“HNIs”), and manage retirement funds, offshore funds and alternative investment funds.As of September 30, 2019, Company’s total QAAUM for domestic mutual funds (“Domestic Mutual Fund QAAUM”) was Rs.1542.3 billion, while Other AUM was Rs.6254.7 billion.3.ESAF Small Finance Bank- IPO Size: 1000 Crore(September 2020 tentative)ESAF Small Finance Bank is one of the leading small finance banks in terms of yield on advances, AUM growth rate and share of retail deposits.Company’s asset products comprise microfinance loans, retail loans and other loans and advances.Company’s liability products comprise current accounts, savings accounts, fixed deposits and recurring deposits and also serve NRI customers and offer NRE and NROsaving accounts fixed deposits and recurring deposits.Further, company also distribute third-party life and general insurance policies, government pension products and point of sales (“POS”) terminals.Company’s business model focuses on the principles of responsible banking, providing customer-centric products and services through the extensive application of technology.As at November 30, 2019, company had operations in 16 states and one union territory, 403 Branches, 38 Ultra-Small Branches and has served over 3.73 million customers.4.Burger King India Ltd- IPO Size: 1000 Crore(September 2020)Burger King India Ltd is one of the fastest growing international QSR chains in India during the first five years of our operations based on number of restaurants.As the national master franchisee of the BURGER KING® brand in India, company has exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India.The master franchisee arrangement provides company with the ability to use Burger King’s globally recognised brand name to grow our business in India, while leveraging the technical, marketing and operational expertise associated with the global Burger King brand.As at June 30, 2019, we had 202 restaurants, including seven Sub-Franchised Burger King Restaurants, across 16 states and union territories and 47 cities across India.Company plans to have approximately 325 restaurants, including Sub-Franchised Burger King Restaurants, open by December 31, 2020.5.LIC- IPO Size- 80,000–1,00,000 Crore(Expected in FY2020–21)Life Insurance Company of India (LIC) is the oldest and largest 100% Government of India owned insurance company formed by the LIC Act 1956. LIC has been treasuring the trust of Indians for the last 63 years and strives to meet its slogan of "Your welfare is our responsibility" in every possible way. Started with an initial capital contribution of ₹5 crores from the government, today the asset-value of LIC has reached over Rs 31 lakh crore.

This Budget AKA Bahi Khata, wrapped in traditional Red Colour Cloth was a below average budget. It seemed that government is more interested in putting new tax burdens on it’s people instead of making their life easier.A. Ok now starting with increased surcharge on the income of the Rick class of India..Now if a rich person makes around Rs 2 to 5 crores in year, then he/she has pay a surcharge of 25 percent on the Income Tax and the effective tax rate would be around 39 percent.And if a person is more fortunate to make more than Rs 5 Crores a year, then government has decided to take out a larger chunk from his/her income in form of surcharge @ 37 percent thereby making effective income Tax rate of 42.74 percent.View : Well, this is ok, if government wants it’s super rich people to have larger responsibility and role in country’s growth.B. Corporate Tax Rate:Here is a little good news. Previously Companies having turnover upto Rs. 250 Crores could pay Tax at 25 percent. Now the threshold limit of Rs 250 Crores has been extended to Rs 400 Crores.View: It is obviously encouraging people to move in Pvt Ltd structure and hopefully people doing business in Partnership firms or LLPs will turn on to Private companies as their preference as it will lead to save taxes at rate of 5 percent.C. New Section 80EEB has been inserted to give deduction of INR 1,50,000 to an individual w.r.t. Interest on loan taken for acquisition of first electric vehicle subject to following conditions;Loan shall be sanctioned between 01.04.2019 to 31.03.2023.No deduction/ allowance shall have been taken for such amount in any other provision of the act.View: Good for India’s image on global platforms as we can thump our chest and say “we are serious about global warming” but practically I do not think it will have any major impact on common man’s life, as there are very few personal electric vehicles available in the market.D. TDS on Cash Withdrawls @ 2 percent:Section 194N has been inserted which provides that a Tax @ of 2 percent will be deducted by Bank on cash withdrawals by a person exceeding Rs. 1 Crores in a year.View: I do not understand why current government is hell bent on removing cash from the economy besides knowing that Indian economy needs time and technological support for converting itself into cash less economy. By doing so they again are bringing more bottlenecks in the smooth functioning of the businesses. And this is absolutely not a step in the direction of bringing ease of doing business.E: TDS rate increased from 1 percent to 5 percent on payment of LIC amount to Insurance holderView: Nothing much but it can discourage sale of LIC policies.F: Section 194-IA provides for deduction of TDS on sale of immovable property by a resident @ 1 percent from sale proceeds. Now the defination of sale proceeds will include following also1. Charges for Club Membership Fee.2. Car Parking Charges.3. Electricity and Water Fees.4. Maintenance and AdvanceView: Due to this builders will no longer be able to circumvent deduction of TDS by dividing sale proceeds in to these 4 categories. A bad news for real estate players, but can not have substantial impact on property sale.G: The Finance Bill, 2019 has inserted Section 80EEA to give deduction of INR 1,50,000 to an individual w.r.t. Interest on loan taken for buying residential house property provided following conditions are satisfied:Loan shall be sanctioned between 01.04.2019 to 31.03.2020.The value of residential property shall be upto INR 45 Lakhs.View: This can be boon for the developers involved in building budget houses, as they will be getting 100 percent exemption from their income if house satisfies particular parameters and with introduction of this section sale of their housing units will increase.Now a buyer of house (value upto 45 lakhs) can get deduction of around Rs 3.5 lacs on interest paid on loan taken for buying house. Section 24(b) Rs 2,00,000 and Section EEA Rs 1,50,000.A commendable step by the government!!H: Section 115QA has been amended to bring 20 percent tax on buback of shares for both listed company and unlisted company. And this provision has been made applicable right from 5th July 2019.View: Government has again shown their Anti Investor/Trader stance. previously it was Securities transaction Tax, 10 percent Long term capital gains tax, then taxability of dividends in hands of shareholders receiving dividends of more than Rs 10 lakhs in s year and now 20 percent tax on buybacks.This is definitely a thumbs down by stock markets which actually went drastically down on Friday.It will have most impact on IT companies which have been using this way of distributing cash to their shareholders. Companies like WIPRO which already have proceeded with their buybacks and can not cancel BUYBACK(Due to SEBI guidelines) at this time will be have to bear the burden on buyback tax.In nutshell govt “ hath dhoke piche pad gayi hai share traders aur investors ke”I: Minimum float(public shareholding) in Public Company should be around 35 percent, it means that the listed companies in which promoter shareholding is more than 65 percent, will have to decrease promoter holding in the company.View: It is definitely a pain in near term but definitely a good step by Modi Government 2.0.Indian Stock markets have traditionally been a promoter driven markets which actually has affected the interest of retail shareholders. After implementing 35 percent public holding norm, we can see a spike in inflow of the millions of dollars of foreign capital in India and also increased India’s weight on MSCI emerging markets Index, FTSE indices as these indices uses free float as weights.Shares will be offered by the companies through OFS(Offer for Sale) route that can make some bucks for traders.J. Start up sops: Carry forward and set off of losses in cases of start-ups is proposed to be relaxed allowing them to carry forward their losses on satisfaction of any one of the two conditions, i.e. continuity of 51%shareholding/voting power or continuity of 100% of original shareholders.J(II). Exemption of capital gains from sale of residential property on investment of net consideration in equity shares of eligible start-up shall be extended by 2 years.J(III). The condition of restricting transfer of new asset being computer or computer software is also proposed to be relaxed from the current 5 years to 3 years.View: Ok Our new government is supporting Start ups. that’s fine. But how many start ups are getting successful these days. I think the ratio is 1/10 i.e out of 10 new start ups only 1 has chances of success.Modi government seems to have taken responsibility of promoting start up culture in India, but ground reality is that any start up when gets started struggles with it’s business and very few comes to the point of enjoying these tax soaps.Some sort of Financial or Free Technological assistance would have changed the gear of start ups or some sort of preference in government tenders can also be useful in making start ups stand on their own feet.K. Disinvestment : Our Finance Minister has given a target of raising Rs. 1,05,000 crores which has considerably higher from previous years target of Rs. 80,000 Crores.View: Indian government has history of not being able to raise the targeted amount of money from disinvestment. It is during the previous two financial years where Modi government has been able to raise more than the targets by dis investments. Hope that this time also they can raise Rs. 1.05 lakh crores via disinvestment route.Note: I have touched upon only relevant portion of budget which is useful for commoners.ThanksPravesh

I am 24 Years old male (Single) working in CGD (City Gas Distribution) sector in delhi NCR. I have done graduation in Engineering from India's Prestigious college having national Importance equivalent to IITs. My selection was done on the basis of my JEE Rank which was around AIR 7000. I got campus placement and doing job since last 3 Years in same organization. As of now my current in hand salary is around 50K after PF and tax deductions. My office timings are 9:30 AM - 6:30 PM.With this I have deep interest and passion in teaching chemistry. To complete this passion I teach in institute on alternate days (Monday, Wednesday and Friday) which is giving coaching for JEE & NEET to 11th and 12th students. My institute timmings are 7:30 - 9:00 PM. On rest of days (Tuesday, Thursday and Saturday) I give home tution to group of students in evening after office times. By this way I earn 25 K depends upon claases as in NCR home tutors are quite well paid. This income is given to me in Cash mode directly so there is no need to pay tax on that.Now my total income is 75K approx per month.Expenditure:-House Rent :- 4K ( I live in 2 Room Set in sharing with my friend cost 8000rs. Which is equally divided between us.)Electricity Bill :- 600 ( We have one cooler, one induction cooker and one small refrigerator as heavy electric equipment so monthly bill comes approx 1200 depend upon season.)Gas Bill:- 0 (We use induction cooker which runs on electricity so considered in electricity bill)Water Bill :- 125 (Approx 8 water camper in a month cost 30 rs each and expense is divided between 2 persons.)Maid :- 800 (House cleaning, Cloth washing and toilet cleaning)Food:- 5000 (We don't have maid to prepare the food so in office lunch tiffin is there which cost 70 Rs per tiffin. Same for dinner as both of us are foody for nonveg so dinner costs 100 Rs per day. For dinner we order from Zomato, Swiggy, Tiffin center or sometimes goes outside to have chinese and south indian).Groceries:- 2000 ( Milk, Soap, Detergent, Pulses for breakfast, Cigarettes and other miscellaneous items)Drinks:- 3000 (On weekends we take alcohol in form of beer, whisky in a bar or Ahata (Haryana People know very well). There are lot of good ahata in NCR where we can bring our booze and rest of things are payable which is in budget also.Zomato Gold Membership:- 150 Rs (In 1800 rs I purchased for one year subscription that saved my lot of money).Paytm first and Amazon prime Membership:- 150 Rs (In 1750 rs I purchased for one year subscription of Both).Movies :- 300 ( Two movies in month. Get at less price by paytm as I am paytm first member.)Fuel:- 1000 (I have 160 CC bike. Bike is used to go office and institute from home around 20 Km/Day and 500 Km/ Month)WiFi:- 0 ( As of now JIO giga fiber is not taking any money)Total Expenses:- 17,125 Rs. These expenses are directly paid from my teaching income. And after this approx I have 7000 Rs cash saving Which is also expenses on tourism like I have travelled many places in india and still many places are left. In this january I am going to Thailand with my college friends.As of now I don't have any EMI so my whole salary is saved and I transfer this whole 50000 rs to my Father which is invested by him. My father is a business man and doing too good in his business. So he doesn’t need any financial assistance from me. He uses my salary for investment only. From July moth salary I purchase One Plus phone (53,000 MRP) so did not transfer the money in that month. I don't have any single Idea about where my father is investing but I know that my earning is in safe hands.I get diwali bonus (Already part of CTC) which I directly pay to LIC for yearly premium. I get incentive (Variable 80 K - 1.2 L) at the end of financial year which I directly invest In Fixed Deposit.At last I am happy with my life as I am completing my passion at the end of the day and getting a peace nap on bed after doing so much hard work in a day.PS:- I am writing this answer as anonymous because my lot of colleagues are on quora and following me. No one knows that I am teaching and earning part time income. To teach in institute first I have to prepare my material and have to revise the stuff so I study in office hours as I have 3–4 hours free time in office.