The Hindu Business Line : Monday, March 26, 2007

READING ROOM
Inside internal audit
For a long time internal audit was an area of professional work that saw little change. Which, perhaps, explains why the Institute of Chartered Accountants of India (www.icai.org) did not have to revise its 1983 publication General ... More

FOR THE ASKING
Joint account interest in income-tax return
I resigned from the services of a bank and I deposited the terminal benefits of Rs 12 lakh in the Post Office Senior Citizens' Scheme in the joint names of my husband who is a senior citizen and myself (53 years) to earn 9 per cent interest. I ... More

SWATI CA
Can cricket obsession affect one's productivity?
Story so far: During an elevator ride, I get to hear a fervent pitch for funding by a B-school grad named Nidhi. `Vroom Groom,' her project, would provide free haircuts in villages and also in pockets of poverty, while being a ... More

STICKLISH ISSUES
When banks shut down
Responses to Sticklish Issues dated March 19. More

Advertisers hit for a huge six
Blog at: http://SticklishIssues.blogspot.com

AT YOUR SERVICE
When is forex earned taxable?
Any foreign currency earned or received by a service provider prior to March 15, 2005, was exempt from levy of service tax. According to Notification 6/1999-ST of April 9, 1999, and Notification 21/2003-ST of November 20, 2003, taxable services ... More

SOFT SKILLS
Accountability defined
If you had taken the LEAP with Steve Farber, here is The Radical Edge (www.oxfordbookstore.com). The acronym, as he had explained in an earlier book, stands for: `Cultivate love, generate energy, inspire audacity, and provide ... More

60 SECONDS CHIEF!
Never be afraid to do something new
As Head Infrastructure Housing and Entertainment, Seemanto Roy leads the Rs 15,000-crore Aamby Valley project of Sahara India Pariwar. Seemanto's vision for the future is to explore the national and international markets for new ventures and ... More

WHACKONOMICS
Is inflation bad?
Why does inflation matter that much? What is the "real" deal? Inflation isn't necessarily bad if it is contained to around 2-3 per cent. Obviously, anything above it isn't desirable because it can affect the economy. A case in point is Zimbabwe. ... More

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