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FINANCIAL SCENE
Reviving PSE divestment programme
The sale proceeds will be utilised entirely on social sector programmes, including the government’s NREGS and Bharat Nirman

Controlling finance, a responsibility on Parliament
The real issues in implementing FRBM Act need a special discussion

TAX FORUM : QUESTIONS & ANSWERS
A confusing circular from the board
You must have noticed that there is a recent Board Circular No. 7 of 2009 dated October 22, 2009, withdrawing three earlier circulars relating to non-resident taxation. The withdrawn circulars merely state the law, which has stood the test of ...

Date on which the code would have application
There are different interpretations as to when the Direct Taxes Code would have application, whether it becomes law for financial year 2010-11 or 2011-12? The Code is only a draft Bill, which has not even been presented in ...

How self-occupied property is treated
You have stated that interest on borrowed capital will be admissible against the income from self-occupied property even without the limit which is placed under the present Act. There are number of other articles deploring the denial of deduction ...

NETSPEAK
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