![]() Online edition of India's National Newspaper Monday, September 07, 2009 ePaper | Mobile/PDA Version |
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FINANCIAL SCENE
Bringing back Indian money in tax havensPublic perception has remained strong of domestic money being stashed away illegally in Switzerland Don’t fish for information The hype over the amount of money kept abroad seems to suggest that it will be child’s play for the Union Government to lay its hands on the funds provided, of course, that it is willing to act. The Swiss authorities have indicated that ...
Benefits of systematic investment in ULIPsMarket setbacks at the earlier stages of a policy will not significantly affect the yield to maturity. But any reversal in the last few years before maturity can reduce it considerably.
Paradigm shift in advertising servicesVersatility in Internet is the main contributing factor NETSPEAK Tracking content via IM bots Remindr, the application made for sending reminders is one such IM tool worth a look. > TAX FORUM: QUESTIONS & ANSWERS How total income is reckoned? The concept of total income in Sec. 3, which includes what is accrued or received or deemed to have accrued or received, is not complete in itself. It is because there will be clubbing of such income of other persons as provided under Sec. 7 ... TAX FORUM: QUESTIONS & ANSWERS Schedular system will continue The schedular system continues with different names with two main classes described as ordinary sources and special sources. Ordinary sources will be income from employment (renaming Salaries), income from house property, income from business, ... TAX FORUM: QUESTIONS & ANSWERS Liability of residents, NRs and NRIs The income that is deemed to accrue in India under Sec. 5 of the Code covers both residents and non-residents. Other Stories
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