The Hindu Business Line : Saturday, March 15, 2008

BUDGET
Scale down ad hoc TDS rates
The Finance Bill, 2008 proposes a steep reduction in income-tax rates especially for those whose total income does not exceed Rs 5 lakh. Curiously, the ad hoc tax deduction at source (TDS) rates has not been reduced concomitantly as ... More

REAL ESTATE & CONSTRUCTION
‘It is still early days for reverse mortgage in India’
Mumbai, March 14 India is getting ready for the reverse mortgage market, but it could be sometime before demand for the product begins to emerge. Given the population’s age profile, family system or living arrangement and ... More

FINANCIAL POLICY
Farm debt waiver: Banks to get two thirds in cash
New Delhi, March 14 About two-thirds of the Rs 60,000 crore farm loan waiver announced in Budget 2008-09 would be reimbursed to lending institutions in cash by August 2009, which is within 14 months of the 36-month period over which the ... More

CORPORATE GOVERNANCE
Demand for governance, risk and compliance products on the rise
Bangalore, March 14 The demand for governance, risk and compliance (GRC) software products has increased significantly over the past year, and software makers say the high growth rate of Indian businesses, stiff competition and large inflow of ... More

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