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FINANCIAL SCENE
GDP growth continues to be impressive financial scene
Consumption and investment have had complementary roles in economic growth

Corrective steps help cool markets
Central banks pumped funds globally

Is there room for a regional airline?
Connecting Tier-2 and Tier-3 towns with metros fits into ‘hub and spokes’ concept

QUESTIONS & ANSWERS
Leave encashment in the hands of legal heirs
Where payment is made by the employer for leave encashment on the death of the employee during service, is such payment liable to tax in the hands of the legal heirs either in their own hands or as legal representative/s of the deceased. Is tax ...

FBT cannot substitute liability of employees
A client of mine pays his senior employees a quarterly bonus, a fixed sum, revised once a year. Since, this is given to all senior executives, this is taxed at 30 per cent plus SC plus cess in the hands of the employees. These employees request ...

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