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Month: March 2012

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CPI Inflation For Feb 2012 at 8.83%

A marginal rise in the WPI, it turns out, corresponds to a steeper rise in the Consumer Price Index, with the CPI inflation showing 8.83% (WPI inflation was a ...

Markets Have Moved -1.08% On Budget Day

This is from my pre-budget Yahoo post, now updated a week later with post-budget values. Update: The market moved down 1.16% on budget day 2012, mostly post ...

Building affordable housing by curbing bubbles in real estate

As part of my pre-budget articles: I wrote at Yahoo about our overenthusiasm for real estate and how we can curb bubbles in there. More than 2.6 crore houses ...

Macro: Money Supply Growth Slows, Dollar Rises

A few macro charts for you: Broad and Narrow Money Supply are slowing M0 growth (reserve money) would fall as bank reserve requirements have fallen 1.25% this ...

RBI: Gold Loans at 60% of Value, No Coins Please

RBI has changed the rules for the Gold Loan NBFCs. They now need to only lend upto 60% of the value of jewellery, with the change in "Loan-To-Value” ...

FAQ on the Startup Tax

Lots of questions have come in on the Startup tax post (Angel Investors Beware: Funding Startups Could be Classified as Income) and I’ve tried to address ...

Ramadorai, Ex-TCS-CEO, Will Advise Govt On Startup Tax

The Startup Tax situation has elicited serious response. Pluggd.in has reported that the Ex-CEO of TCS, S. Ramadorai, has been asked to advise the government ...

Quirky Budget Facts

Waste Paper Has No Customs Duty. Apparently, our streets are not dirty enough, so we are providing a complete duty exemption for importing waste paper. The Tax ...

Insurance: Pay 3% or 1.5% Service Tax Now

Till last year, service tax was chargeable on the premium you paid for Term insurance policies. Even in ULIPs the service tax was only charged on the portion ...

Insurance: Full Tax on Surrender If Premium>10% of Sum Assured [Corrected]

Missed in the glory of the Budget 2012 are key changes in Life Insurance. No 80C deduction if your Premium’s greater than 10% of the sum assured Under ...