If you thought that Reliance Communications screws up by sending you wrong bills, you might enjoy some poetic justice. From their QIP document: 7.2 In February ...
In a shameful episode, the promoters of JSW Steel have claimed complete ownership of the “JSW” brand, and decided to pay a company owned by Sangita Jindal ...
The Big Mo Corner by Mohit Satyanand. Note: This is about Larsen and Toubro, or L&T. “Notwithstanding the improved sentiments, the domestic business ...
After Budget 2014, there has been talk of using arbitrage funds instead to get a reasonable post-tax return. How do these funds work? What kinds of arbitrage ...
Income Tax Department to run a city specific tax scrutiny: Co-op bank deposits in Bangalore, Cars in Lucknow, Films in Kolkata (Times of India). Nothing wrong ...
To continue from where we left off with the Statement of Foregone Revenue, let’s now look at how companies have availed tax sops at different levels. Note: ...
An awesome Video by Ray Dalio (HT Srikanth Thunga) that speaks about what the economy is based on: Credit, short term debt cycles and long term debt cycles. ...
NDTV reports that the higher tax on debt mutual funds will apply only from July 10 onwards, and not “retrospectively”, from a statement given by Arun ...
We’ve bought two more stocks for the portfolio, based on their stellar performance in Q1. This is where things get a little tricky; we bought them today, but ...
Each year, the Ministry of Finance, along with its annual Budget, releases a Statement of Revenue Foregone. This year, being the NDA’s first tenure in 10 ...
