The Hindu : Business News : Monday, July 20, 2009

Online edition of India's National Newspaper Monday, July 20, 2009 ePaper \| Mobile/PDA Version

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FINANCIAL SCENE

Fiscal deficit, the biggest challenge
Borrowing from the RBI has its risks; it will increase money supply and stoke inflation

Monetary policy assumes new significance
`Huge gross fiscal deficit will put immense pressure on resources'

Credit card users learn tough lessons

NETSPEAK
New dimensions in answer search
Net has become the de facto expert to consult on all kinds of issues

TAX FORUM: QUESTIONS & ANSWERS
What is the incidence of removal of Fringe Benefit Tax?
Fringe benefit tax (FBT) is proposed to be removed from AY 2010-11. The immediate consequence is that the income of employees under the Employees Stock Option Scheme (ESOP) would now be taxable with effect from 2010-11. Sec. 17 is amended ...

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