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A stitch in time saves nine
The U.S. financial woes rattled the world markets in the last few days

BFSI meltdown calls for new steps
Even as the U.S. Government has put a rescue plan in motion to tackle the financial crisis, and central banks globally have pumped in huge funds into the system, there is still a large uncertainty in the minds of the people. “Fear” ...

FINANCIAL SCENE
Coming to terms with new realities financial scene
The latest developments are momentous and have far reaching implications

Nature of risks taken
It would take a very long time for anyone to catalogue the various acts of omission and commission that led to the current U. S. financial crisis. At this stage, the following failings on the part of the leading banks are well documented: ...

A trip down memory lane


A few on-line aids to research netspeak
Search engines help us access certain type of resources with ease

TAX FOURM: QUESTIONS & ANSWERS
Failure to honour declaration in Form 15G/15H
I am an account holder in a nationalised bank and I filed Form 15H. The bank authorities refused to give acknowledgement for the same, though I have given it in duplicate. What is more is that they have deducted tax though I have no taxable ...

Tax deduction at source on NRI deposits
Please refer to your answer in The Hindu relating to tax rate to be applied on interest on NRI deposits. You had advised that non-resident Indians are also eligible for availing Form 15G and 15H and that the rate of tax will be 20 per ...

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