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A needless row over control of ULIPs
The turf battle between SEBI and IRDA need not go to the court but can be resolved by taking two simple steps

FINANCIAL SCENE
A stronger rupee poses a policy dilemma
The RBI'S annual policy statement due tomorrow will surely shed light on some of the conflicting policy challenges before the monetary authorities.

MRO: creating self-sufficiency
With the economic climate showing signs of revival, it is time for serious introspection to identify efficiencies, develop strategies, build long-term relationships and cut costs.

TAX FORUM: QUESTIONS & ANSWERS
Joint assessment is not permitted
My father had settled a valuable self-acquired property by way of a Will jointly in the name of myself and my bother, while leaving other properties to other family members. Since myself and my brother jointly own this property, we are ...

TAX FORUM: QUESTIONS & ANSWERS
Is revised return necessary in every case?
The assessing officers nowadays do not entertain any fresh claim for relief during the course of hearing on the ground that the assessee cannot ask for any deduction so as to reduce his returned income and that it could be so done only by a ...

TAX FORUM: QUESTIONS & ANSWERS
Conditions for reopening back-assessments
What are the safeguards available for a taxpayer against indiscriminate assumptions of re-assessment jurisdiction? Law lays down rigid condition for reopening a completed assessment. Where an assessee believes that jurisdiction is ...

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