The Hindu : Business News : Monday, March 28, 2011

Online edition of India's National Newspaper Monday, March 28, 2011 ePaper \| Mobile/PDA Version

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FINANCIAL SCENE

Significance of RBI's policy statements
In the last policy review for the year, the RBI is totally focussed on inflation

Japan: luxury goods suffer setback
Uncertainty remains particularly high about the Fukushima Daiichi nuclear plant

Insurance: lacks clarity on promoter holding
Nippon Life Insurance Co acquiring 26 per cent stake in Reliance Life Insurance for Rs. 3,062 crore dominated the headlines of media recently. The quantum of the offer may have surprised many, but not those conversant with the valuation of ...

NETSPEAK
Open data: emerging trend and applications
Opening up of the data fire-hose offers new opportunities to IT industry as well

TAX FORUM: QUESTIONS & ANSWERS
Revised monetary limits for departmental appeals
QUESTION: Where the stakes involved are less than the prescribed monetary limits, no departmental appeal shall lie, a law which is now settled. There is a recent circular liberalising the limits which you may like to share with ...

TAX FORUM: QUESTIONS & ANSWERS
Should non-resident companies file returns?
QUESTION: I have some clients who make payments which are taxable to foreign companies incorporated abroad. Every company, which includes foreign company, is required to file a return under Sec. 139(1). For foreign companies, I ...

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