OPINION
EDITORIAL
Inclusion is more than an account
While increases in deposit rates may help banks garner more funds, the need for an expanding network into under-banked areas is urgent.
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ACCOUNTANCY
Salaried fast catching up with fee-earners
Thanks to rapid economic development, the qualified among the salaried class have found their pot of gold.
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Standardising insurance norms
It appears to be only a matter of time before there is a separate accounting standard for insurance companies.
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Sanitation inspectors, auditors, foremen...
The taxman generally relies on the income-tax returns filed by assessees. Insurers rely on the declarations by the insured, and `planning bureaus rely on performance reports from productive enterprises under their direction'. In these ...
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WTO
The three WTOs
People familiar with a system use abbreviations generously, assuming that everyone knows what is being spoken about. And it is efficiency which guides using abbreviations or acronyms whenever communicating. Often, media too write in acronyms ...
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Spirited debate at the WTO
That the European liquor lobby is strong is clear from the EU complaint filed with the WTO that India's multi-layered tax system is a barrier to trade. It is hoped the Commerce Ministry will handle the dispute with the best possible expertise and not be influenced by the EU's recent RTA proposal, says K. SUBRAMANIAN.
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INTERVIEW
What's the best IT offshoring strategy?
Adopt contractual provisions that reflect best international risk management practice, involving a balance between customer-friendly provisions and the need to reduce the chances that any one contract might affect the ability of the supplier... MR ALAN HAWLEY, COMMERCIAL LAWYER, RICHARDS BUTLER LLP, UK.
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INTERNATIONAL TRAVEL
Offering the olive... oil
"While catering to tourists is one aspect of bolstering the GDP, trade and industry in Greece will have to reach out to new markets with their core products in the food industry, particularly olive oil and table olives."
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CARTOON
Pocket
I'm ruined! Finished!! What will my wife and children think of me — I stopped investing when it was 9000!
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