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Monday, September 18, 2006
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Reform of IMF: much ado about nothing
Strategic review calls for new quotas to reflect emerging countries' contribution and a bigger say for smaller countries of Africa

Dell bets on growing Indian market
It will customise products and has a large number of them in its portfolio

FINANCIAL SCENE
Lessons from a bank merger
Quick RBI action sets at rest many contentious issues

QUESTIONS & ANSWERS
Income from Post Office MIS account not exempt
A retired person living on pension had deposited the commuted pension in Post Office Monthly Income Scheme account (MIS Account). The interest is being credited to his savings bank account. He will also get bonus on maturity shortly. Is he ...

Excess payment can be recovered
Where there had been a mistake in calculation of salary and allowances payable to an employee resulting in over-payment in the preceding year, it is proposed to recover the same in the current year's payment. Since tax has been deducted in the ...

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