The Hindu : Business News : Monday, December 24, 2007

Online edition of India's National Newspaper Monday, December 24, 2007 ePaper

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IT set to undergo a metamorphosis
The U.S.-based competitors depend on Indian subsidiaries to control costs, and their competitiveness will also be hit by the rupee rise

FINANCIAL SCENE

Anticipating markets in 2008, a tough exercise financial scene
The slowing down of the U.S. economy has ominous consequences for India

TAX FORUM: QUESTIONS & ANSWERS
Accrual of income not aligned to TDS certificates
I am a senior citizen aged 80 years. I have been filing IT returns for myself and my daughter both with PAN numbers. In working out taxable income for the year accrued income from NSC cumulative, bank deposits and such investments. I have ...

Correction
In The Hindu dated December 17, in these columns in the reference to the deduction for educational expenses of children, the deduction under Sec. 80C(2)(xvii) should read as “tuition fees excluding any ...

On-line learning tools revisited netspeak
Skype besides being a telephony tool is used for distance teaching

TAX FORUM QUESTIONS & ANSWERS
A suggestion for expediting refunds
To facilitate easy tracking, tracing of tax refund cases, as coloured, say yellow form, may be introduced. The income-tax authorities can easily sift the yellow forms and process them first and facilitate quick ...

Other Stories

Barclays eyes double-digit market-share in India

Government bid to reopen sugar mill

Petronet to sign contract with Japanese firm

Malaysia emerging as halal food hub

Higher outward remittance from Muthoot Exchange

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