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FINANCIAL SCENE
The dollar continues to reign supreme
Its recent rebound is significant for many reasons after the greenback’s weakness over a fairly long period

Costlier air travel round the corner
The estimated cumulative losses of all the carriers can mount to Rs. 10,000 crore

Domestic airlines hit more air pockets
Come September, the tourist and festival seasons set in. Travel and holidaying may be the flavour of the times. The airlines know this only too well and seem to be gearing themselves up for the occasion. But the take off may be costlier for the ...

TAX FORUM: QUESTIONS AND ANSWERS
Concessions available for capital gains
I have sold shares and deposited the proceeds in specified bonds under Sec. 54EC to the extent of permissible limit. I have also acquired a house property satisfying the conditions under Sec. 54F. Some doubt has been expressed in some quarters ...

TAX FORUM: QUESTIONS AND ANSWERS
Dematting makes no difference for taxation
I have not dematted some shares in private companies. I wish to avail myself of the benefit of Sec. 54EC by purchasing bonds to reduce my liability. Will the fact that the shares relate to a private company or that they have not been dematted ...

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