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Some old challenges and a few new ones
One expects Budget 2005 to articulate the new government's concerns as already reflected in the CMP and the Prime Minister's address. The actual implementation of the several schemes may be spread over the years, says C. R. L. Narasimhan.

Public sector banks — The year that was
That some PSBs are thinking of mergers and acquisitions indicates that they are prepared for the challenges of tomorrow.

Small firm clusters: some neglected real issues
WHEN MAHATMA Gandhi talked about breaking free from the colonial yoke, with Khadi as a crucial weapon, it enthused the millions of India and swung them into action. That was the economics and politics of the Freedom Movement. In 1955, the ...

GMail: pros and cons
NETSPEAK TAKES a look at GMail, the new on-line phenomenon unleashed by Google. Many on-line services contributed to the Net's current popularity. Among them, the web-based e-mail service that brought the concept of anywhere, anytime mail access ...

Pre-budget rally on bourses
THE BOURSES witnessed a spirited pre-Budget rally after a mid-week setback last week as retail investors and operators renewed their buying interest. Domestic financial institutions and mutual funds too made heavy purchases. Local funds reported ...

PF interest on undrawn amount
QUESTION: Though I am entitled to withdraw the balance in my provident fund account from recognised provident fund, I had continued the same even after retirement and earned interest. Should such interest continue to be exempt even after ...

Who is the dependent for purposes of Sec. 80DDB relief?
Q: I am supporting the family of my indigent brother and his handicapped son, whose disability is covered by Sec. 80DDB. Will I be eligible for the deduction on the ground that my brother's son is also my dependent? A: If the ...

Sec. 89(1) relief for VRS payments
Q: You had been canvassing the case for spread over relief under Sec. 89(1) for VRS retirees and had suggested acceptance of the decision in CIT v M. Raman 245 ITR 856 (Mad) in favour of such view I am giving a copy of the internal ...



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