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FINANCIAL SCENE
The rationale behind RBI’s CRR option
Following the CRR hike and the consequent monetary tightening, banks are supposed to decide on their interest rates

Retaining competitiveness of the services sector
Hoda committee recommends education reform and development councils

TAX FORUM - QUESTIONS & ANSWERS
TDS on NRI deposits
In The Hindu dated October 29, 2007, it has been pointed out that non-resident Indians (NRIs) can file Form 15G and 15H. But banks and institutions continue to take a negative attitude. What is more, tax is deducted at 30 per cent, though ...

TAX FORUM - QUESTIONS & ANSWERS
Treatment of interest for amount retained in recognised PF
You have advised in The Hindu dated February 14, 2005, that interest from recognised provident fund is statutorily exempt till the amount is received and such right to exemption is not lost on retirement. Though I have sent the ...

Timely succour from the agriculture sector
The creditable performance of the Indian agricultural sector in three successive seasons ending 2007-08 has taken the output of food crops to 227.3 million tonnes from 208.6 million tonnes in 2005-06. The yield of fine cereals, particularly ...

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