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Life insurance cos. can play active role
A strict interpretation of certain clauses of Section 2 of the Insurance Act, 1938, may indicate that only life insurance companies can transact long term health insurance business, says R. Ramakrishnan
Budget implications for monetary management
The budget pitches in for lower interest rates. The rates on public provident fund and small savings scheme and the like have already been marked down by 100 basis points.
Changes in corporate taxation
ANSWER: The tax rate for companies remains the same. But surcharge has been halved. The recommendation of the Kelkar Committee to shift the focus from tax subsidised savings to the share market has been sought to be achieved with only ...
Rural telecom set for big leap
THE PROMISE of a second telecom revolution, much like the STD/ISD boom of a decade ago, was held out at a technical seminar organised by the Chennai chapter of the Pan-IIT Alumni Associations. Titled "Revolution through internet services and ...

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