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FINANCIAL SCENE
High expectations from bank mergers
Despite Centre’s enthusiasm, very few mergers have taken place either within or outside the government’s fold

Private investors looking more at power trading
State governments need to look closely at agreements

TAX FORUM: QUESTIONS & ANSWERS
Stamp value: marginal differences may be ignored
In a recent case where the agreed consideration recorded on the sale date was Rs. 50 lakh, the valuation officer fixed at Rs. 56 lakh and the stamp duty value was Rs. 70 lakh. The assessing officer has limited the addition to Rs. 6 lakh as per ...

TAX FORUM: QUESTIONS & ANSWERS
What are non-productive assets liable for wealth tax?
Wealth tax was considerably lightened as understood to be applicable only for non-productive assets. In a recent article in The Hindu , it has been pointed out that the recent increase in the price of land and generally of ...

TAX FORUM: QUESTIONS & ANSWERS
Correction
 Many readers have pointed out to a mistake in The Hindu dated August 18, 2008, in these columns. It was advised under the title, “An exempt income would require to be disclosed”. While giving this advice, ...

Micro finance gaining in popularity
It is primarily aimed at helping the poor in rural areas

NETSPEAK
Presentation tools: fresh exposition
Education is an area that thrives with a community willing to share/collaborate. In this respect, it is an excellent domain where web 2.0 model fits quite well.

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