Financial Daily from THE HINDU group of publications
Sunday, June 12, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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TAKING COUNT


Tax savers acquit themselves well
EQUITY-Linked Savings Schemes, more popularly known as tax-saving funds, have acquitted themselves well between March 2003 and March 2005. On an average, they have delivered better returns than the average diversified equity fund, even on a ... More

SIMPLE ECONOMICS


Primate instinct
ECONOMICS is monkey business! A published working paper by Professor Chen and his colleagues at Yale University shows that monkeys apply economics just the way we do. Here is how: To start with, Professor Keith Chen and his colleagues taught ... More

TAX TALK


What is the exemption limit for children's hostel rent?
OUR company provides the employees an allowance of Rs 450 per month per child as educational allowance, subject to a maximum of two children. This allowance is given specifically as per the terms of employment to ... More

Employer bound to consider previous salary for tax
DURING the financial year 2004-05, I worked with two employers. I was initially employed by a company and then later, during the year, shifted to another company. I have given the particulars of salary earned from my former employer to my present ... More

FD WATCH


India Cements: Invest
India Cements: An investment in the one- and two-year options can be considered. The rates of 8 per cent and 8.5 per cent are attractive compared to what is on offer from a host of other companies. The risks are, however, higher as the ... More

BOOK VALUE


All stocks are bad unless they go up
A SIGN of a stock topping is when you see four or five down days followed by two or three up days, whereas before you would have seen 4 up and 2-3 down. This is just one of the scores of such nuggets of info that William J. O'Neil provides in ... More


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In Focus

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In Depth

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