Tuesday, June 23, 1998
Recoup your business losses with the tax angle firmly in mind
Losses in business is a bad word. But in a long-term business, sometimes it is essential to face business losses on account of capitalisation and initial teething trouble of the business. Some times losses are incurred due to changes in circumstances and wrong planning.
Are investments in India attractive for NRIs?
Union finance minister Yashwant Sinha, in his Budget speech, said NRIs have expressed to him their sincere desire to contribute meaningfully to the development of India. He also stated that NRIs constitute a huge, untapped potential for India's development.
The marvel of Konkan Railway on a stamp
The engineering marvel of the Konkan Railway has been captured on a postage stamp by the Department of Posts. The stamp, brought out of May 1 to coincide with the dedication of Konkan railway to the nation, is 3.50 x 7 cms in the denomination of Rs 8. The stamp depicts the tough terrain of mountains and rivers which were conquered to lay down the railway line.
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