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Monday, September 27, 2010
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Public sector banks: beyond pay packets
In the U.S. there has been a growing clamour to rein in the sky-high salaries of private bankers
Lights seem brighter in Paris auto show
The Paris Motor Show, the world's first auto salon, is shaping up to be perhaps the most notable show this year. Organisers are promising more than 100 world premieres when the doors open at the Paris Expo site on September 30 for two ...
Changes in tax rates proposed in the Code
QUESTION: In the comparative chart in the Tax Forum dated September 6, 2010, personal income tax slabs for individuals need correction in that the latest (existing tax slabs for the income of the financial year 2010-11 [assessment year ...
Tax on gratuity: discrimination against public sector employees
QUESTION: As per a news item, the Payment of Gratuity (Amendment) Bill exempts income tax on the enhanced limit of gratuity from Rs.3.50 lakh to Rs.10 lakh only in respect of persons retiring on or after May 24, 2010. The revision of ...
Is PAN necessary for senior citizens without taxable income?
QUESTION: In Tax Forum in The Hindudated August 2, 2010, please refer to the answer to query “Should a senior citizen have PAN to file Form 15H?” If the interest amount is more than Rs.10,000 per annum received from a bank ...
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