Who pays the highest amount of tax in the country? Mr. Ambani? or Mr. Narayanamurthy? Well neither. Let us see the life history of a typical government or a bank employee. They join for service after a competitive exam – after that they are happy to hold on to that job for life. They earn [...]
There is no clarity about what happens to the Capital Gains under the Direct tax code. There is one school of thought that the status quo ante has been maintained. This means that short term cap gains will be at 10% and long term cap gains will be at 0% in case of equities and [...]
Continuing my dialogue series… Journo: Subra do you not think the life insurance guys get pampered? Subra: Why do you say so? Journo: 40% of the contribution as a commission is too much, do you not think so? Subra: What about products with 122% commission? http://www.subramoney.com/book-written-by-me/ J: Not possible in the financial service industry…..at least [...]
Ok the jury is still out on this. Once the Pound was the main currency of world trade, then it slipped. It took a couple of world wars, a depression, huge geo-political changes – big parts of the world shifted out of the Pound’s control…and the dollar became the King. However it was not easy [...]
One reader called this column “Malice towards one and all” . Sorry Kushwant Singh, you are not alone. I have also done a ‘Round and About’ and started in on a Saturday by saying…”All this is my own work…..”Sorry Busybee, sorry Late Beheram Contractor. Let us check out some history of investor protection. It is [...]
Are you a little surprised at the title when the government is proudly talking of inflation at -1.56%? Well you should be! But look at the ground reality. Monsoon is not great – this is bound to put a lot of pressure on dal and vegetables. Luckily for us oil is not rearing its ugly [...]