The Hindu Business Line : Sunday, November 02, 2003

Regulator as a risk
TRAI's moves are no surprise because it was responsible for patching on WLL to the basic service when the licences were handed out, about three years ago. All along, the WLL route has been a backdoor, low-cost entry into full-fledged mobile services. More

TAKING COUNT

Mutual fund income schemes: Expenses stay stubbornly high
Expenses charged to mutual fund income schemes continue to be high. And the returns from income schemes could get substantially lower if expenses are not reduced. Distributors and asset management companies need to reduce costs if they seek continue d investor patronage. More

SIMPLE ECONOMICS

Calculating VaR
XLRI Jamshedpur recently tied up with Riskmetrics, US, for risk management practice. Riskmetrics made popular the concept of Value-at-Risk (VaR) in the late 1980s. What is VaR? VaR is a measure of portfolio risk. ... More

TAX TALK

Account for NSC interest as it accrues
HOW IS NSC interest accrued to be treated for tax purposes? Will long-term capital gains be taken as part of gross total income for the purpose of determining the percentage of rebate that a person is entitled to under ... More

No sops for funding son's education
MY SON has joined a full-time engineering course. For funding his education, I have taken a loan from a scheduled bank. The education expense is likely to be Rs 40,000 per annum, which is to be given as a loan by the ... More

Duplicate Form 16
I am the drawing and disbursing officer of my employer company. We have on salary payments, deducted tax at source from the employees of the company. We have also issued a TDS certificate to the employees in Form 16. Some of the employees have ... More

Mediclaim rebate
Our employer company has made arrangements for a group mediclaim insurance with National Insurance Company. As a result , there is a substantial reduction in the premium which is paid by the company and recovered from our salary. The insurance ... More

IN FOCUS

Disconnecting the regulator... Connecting to a new market
IN A single and striking policy move, the Group of Ministers' acceptance of the recommendations of the Telecom Regulatory Authority of India in toto and the Union Cabinet's approval of a unified licence involving ... More

AUTO FOCUS

Makeovers for Diwali
CAR and motorbike makers seem to have looked towards Hollywood for the flavour of the season when it came to the spate of recent launches. Hollywood, incidentally, is teeming with new releases, which are reruns, sequels ... More

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