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Top emailed links
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Want to borrow from friends? No tax!
A recent ruling by Income Tax Appellate Tribunal (ITAT) in the case of Chandrakant Shah stated that if you borrow interest-free money from friends and colleagues neither you nor the lender will have to pay tax.
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How stocks can make you rich
If you want to grow rich, you need to both save and make your money work for you. When you have lots of time, but not lots of money in hand to begin with, the best way to build wealth is by investing in stocks.
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Infosys to hire 1,000 in US
In an interview with the local media, Infosys chief executive Kris Gopalakrishnan, who is currently in Seattle for Microsoft's CEO Summit this week, said that the company plans to add more than 100 new employees as part of a big US expansion in anticipation of growth resuming in 2010. Altogether, Infosys plans to hire about 1,000 people across the US over the next 12 to 18 months, he said. Already, 14,000 of the company's 1,04,000 employees are based in the US.
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