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Monday, February 05, 2007
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FINANCIAL SCENE
Messages from RBI's quarterly review
The central bank's stress is on price stability and anchoring inflation expectations while supporting economic growth

Monetary review: comfortingly predictable
IF BEING predictable is a virtue in enunciating macro economic policies the RBI must rank high up in the list of the most virtuous institutions. Its quarterly statements on the monetary and credit policy are a classic demonstration of how ...

TAX FORUM
STT paid on long term capital gains is tax exempt
I had on December 29, 1995 invested Rs. 10 lakh in Kothari Pioneer Tax Shield 96, an equity linked savings scheme. On redemption of the units on March 31, 2006, I was paid Rs. 87,530, out of which Securities Transaction Tax (STT) of Rs. 175 ...

How are capital gains computed?
I purchased a flat in September 2003 for Rs. 6.30 lakh and sold this during November 2006. While purchasing this property, I took a bank loan of Rs. 4 lakh. I closed this loan out of the sale proceeds, to the extent of Rs. 1.82 lakh to ...

How Tea Board won GI battle
Prohibition of use of Darjeeling GI in non-tea goods and services in France

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