'It was the darkest period of Indian democracy'

R V Chandramouli, a retired IAS officer, was Gujarat's home secretary when President Fakhruddin Ali Ahmed declared a state of Emergency in the country on June 25-26, 1975. Chandramouli recounts......

Portfolio service users get a tax breather

An income tax tribunal has ruled that the fee paid for portfolio management services is deductible while computing capital gains.This may benefit high net-worth individuals who use the services of......

Want to borrow from friends? No tax!

Need money but don't want to borrow from friends to save tax? Want to help out your friend but scared that you will be taxed heavily for helping him out? Don't be afraid! There is good news for......

Shah Rukh Khan's loan to wife not to evade tax: ITAT

Image: Gauri and Shah Rukh Khan. Photograph: Pradeep Bandekar     In a relief to actor Shah Rukh Khan, the Income Tax Appellate Tribunal has overturned an order of the tax authorities......

Want to save LTCG on property sale?

'To save the LTCG, it's always better that the owner of the property that was sold also becomes the title holder in the new one.'Tinesh Bhasin reports. Photograph: Reuters Recently, the Income-Tax......

How can you sell your film abroad

He may have been missing from Bollywood after Bandit Queen, way back in 1994. But when filmmaker Shekhar Kapur speaks, everyone listens.Of course, the fact that he is the only director to make it......

Mumbai to run for a cause

Just across the Arabian Sea, on Mumbai's famous Marine Drive, the ground floor atSt James Court is buzzing with activity. About 50 people, half answering phone calls and the other half making them,......

Cash ready to rock Chennai

It is difficult to say which of them is more popular -- Pat Cash or Pat Cash's chequered bandana, which also has his signature on it.At the Nungambakkam tennis stadium in Chennai on Sunday, a lot......

Dravid equals Gooch's record

- Warner Park in Basseterre, St. Kitts became the ninth ground to host a Test match in the Caribbean islands after Kensington Oval (Bridgetown, Barbados), Queen's Park Oval (Port-of-Spain,......