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Factors behind the global market volatility financial scene
Close linkage of sub-sectors magnifies impact of defaults; hedge funds have been the main buyers of sub-prime mortgage securities

The Domino effect
Even by recent standards, stock markets in India — and practically everywhere else — are demonstrating extreme behaviour. But last week’s price movements may well be a harbinger of what could follow in the weeks ahead. On August ...

New tools in webfeed management netspeak
Webfeeds are generally read either with an on-line reader or with a desktop tool

Major challenges on two key fronts
The intractable issues are oil subsidy and food security

TAX FORUM: QUESTIONS & ANSWERS
When is terminal leave encashment liable for tax?
Whether the leave encashment amount payable to the employees at the time of superannuation is to be taxed at the time of actual disbursement or in the year in which the employee is superannuating, considering the same on an accrual basis in a ...

TAX FORUM: QUESTIONS & ANSWERS
Tax on drawings from NSS 1987
I have an account under National Savings Scheme, 1987. I am aware that if I draw any amount from this account, both principal and interest, the amount so drawn is liable for tax in my hands, besides being subject to t ax ...

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