Month: March 2007

Below are all the posts archived for the month.

The boundary less IT – Revolution
in Opinion

There are two defining characteristics of any economic revolution, one is that they bring unprecedented prosperity to the regions that these revolutions start off and another is that these revolutions percolate to other regions albeit gradually. As an after-thought there is a third characteristic as well, they are taught in schools long after they are
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Yen Carry Trade
in Articles

With the increase in globalization and ease with which investors can borrow money in one market and invest in another new forms of arbitrage are coming up every day. The Yen Carry Trade is one such example of a form of arbitrage where investors are borrowing cheap yen and then investing it in US Treasury
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What is the tax exemption that I get on the payment of EMI’s for home loans?
in Tax

EMI’s consist of 2 parts: The principal amount of loan & the second one being the interest on that.    A. Treatment of Principal Amount     According to the provisions of Income tax Act repayment of principal amount of loan can be claimed as exemption from total income of the assessee under section 80C. This means
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Treatment of HRA
in Tax

Taxability of HRA depends on following two of factors : –         Rented house i.e. the assessee MUST be living in a rented house. Deduction of HRA cannot be claimed when one is residing in his own house or is not paying rent at all.       Place of residence i.e. in metro cities
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