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A bold initiative on rural credit
Benefits from micro finance institutions are many — low transaction costs, negligible non-performing assets and generation of goodwill among the rural populace, saysC. R. L. Narasimhan.

Foreign banks' active interest
THE `GROWTH and equity'-led Union budget 2005-06 mentions a `resurgent rural India,' which should go some way in giving a fillip to the rural economy. Among the various measures announced is one relating to rural micro credit. This could not have ...

Attractive tax saving schemes
TAX saving instruments form an important part in any financial planning. Section 88 of the Income-tax Act till now provided, as a policy measure, encouragement for individual savings through a graded scheme of tax rebates for investments in ...

Changes in procedure for tax compliance
QUESTION: What are the changes made in respect of procedure for tax compliance? ANSWER: The obligation to file return for taxpayers without liability, by what is known as one by six rule, would now seek to substitute the ...

Aggregating tagged content
NETSPEAK TAKES a look at the new Net phenomenon of tagging content by netizens and also explores a service created for aggregating tagged content. One of the unique features of the Net is that it enables even ordinary people to be content ...



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