Business Daily from THE HINDU group of publications Monday, December 21, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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MENTOR INTERVIEW: Agenda for infrastructure in 2010 The beginning of the end of the first decade of this millennium is round the corner, and it is time we took a step back and checked if we managed to do what we intended to in the area of ‘infrastructure development,' begins ... ACCOUNTING STANDARDS: Properties versus assets Properties are all those owned by a person. These could be both movable and immovable properties. Movable properties are those which can be moved from place to place, however large they may be. Turbines, heavy machinery, etc, are movable. ... BANKING: Takeout financing It is an arrangement pursuant to which commercial banks which typically lend short or medium term, get over this barrier and are able to lend to infrastructure projects. A commercial bank accepts deposits for a maximum of three years ... INCOME TAX: Valuation of perks The new income-tax rules have reportedly increased the taxable value of some of the benefits like car. Will this not warrant deduction of more amounts at source from salary of the employees provided ... CREDIT MARKET: Different credits While supplier's credit is extended to his buyer by his supplier by allowing him to pay within a specified time for his purchases from him, a buyer's credit is usually given by a Good Samaritan like the exim bank of a country to boost ... PEOPLE: 60 Seconds Chief Send your queries to the chiefs: ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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