COLUMNS
TAX TALK
No escaping the FBT
I am a partner in a pharmaceutical firm. Will expenses on conveyance, travelling, telephone and entertainment of partners be subject to the fringe benefit tax (FBT)? The firm has medical representatives who are not on the pay roll. They are ...
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AUTO FOCUS
Hyundai Verna: Speaks a new Accent
The diesel Verna is likely to eat into the market as also expand it a bit. But the petrol version, despite being more value for money, will still find it difficult to unseat the current segment leader Honda City.
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BOOK VALUE
Every family owns three forms of capital
Shirtsleeves to shirtsleeves in three generations. This proverb comes in various forms such as, `Rags to riches to rags', and `rice paddy to rice paddy', says James E. Hughes Jr in his foreword to The Dilemmas of Family Wealth, from ...
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QUESTION 'N' AUTO
Gaining fuel efficiency
I would like to know the effect on mileage if I disengage the engine by shifting into neutral and lift my foot off the accelerator pedal, say, when on a down slope or before coming to a halt at a signal. The car does travel a certain distance ...
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THE BIG DEAL
IT services abuzz again
The consolidation buzz is back in the mid-cap software services space. Capgemini, the largest European IT services company, which has been on the acquisition prowl for almost a year has finally snapped up the Nasdaq-listed Kanbay International in ...
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YOUNG INVESTOR
What Dish brings to the table
A sneak-peek at the future of home entertainment
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SMART MESSAGE
Early exposure to equity pays
He humbles us at the outset by saying expansively: "Whatever wealth I have created through the equity market, it is thanks to Business Line. From 2001, I've been following your recommendations and have profited hugely." We met Mr ...
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CALL-CENTRE
Why set goals?
Queues, especially long ones, are good places to get a cue on what the world at large is thinking. So my curiosity was kindled when I heard one co-standee at a queue ask his friend: "What are your financial goals?". Pat came the reply, "I want to ...
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