The Hindu : Business News : Monday, July 26, 2004

Online edition of India's National Newspaper
Monday, July 26, 2004

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RBI's salutary moves
An objective assessment will reveal that the RBI is only moving towards internationally accepted best practices in banking. It only wants to ensure that undesirable elements are kept out of the dynamic financial system, says S. Gopalakrishnan.< /B>

Tax lure of mutual fund route for life insurance
The tax advantages are so glaring that the new insurance companies find it easier to compete in the mutual fund market than in the conventional life insurance market against the Life Insurance Corporation.

The steel conundrum
It must not be overlooked that if steel prices have doubled since early 2002, so have the prices of inputs.

Latest cost index for capital gains
QUESTION: What is the index number for indexation of asset sold during financial year 2004-05? ANSWER: It has been notified as 480 by Notification S. O. No. 742(E) dated June 29, 2004. Q: Is the due for filing return for ...

New concessions for industry
A: Shipping business has the option to pay either tonnage tax or the normal tax without the benefit of Sec. 33AC. This is an innovative exercise which can be extended to other industries especially in cases where there is dispute as to the ...

Tax relief, results buoy up bourses
THE RELAXATION in turnover tax for certain classes of investors and the encouraging first quarter results of many corporates had a positive impact on bourses last week. Day-traders, arbitrageurs and derivative traders, who had abstained from ...

Self-destructing e-mail address service
THIS WEEK NetSpeak features a few auto-expire, disposable e-mail address services. It is common knowledge that an e-mail id, which is in wide circulation, becomes more vulnerable to spam or junk mails. As regular readers of this column would ...

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