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Business Standard analyses one family's finances and suggests a way forward

Case study

Business Standard

Tata Steel should now focus on its Indian operations

Bury the past

Apropos Devangshu Datta's piece, "World War III" (July 9) would it not be more reasonable to compare the ongoing wave of random killings by a few fanatic Islamic volunteers attached to or inspired by the Islamic State with those during the Naxalite uprising of the late 1960s and early 1970s in Kolkata?Apart from creating worldwide revulsion and sorrow among the family and friends of the victims - often, also the family and friends of the perpetrators - will any of these random killings lead to any result whatsoever?Why encourage an effort that can yield no result by giving it a grand name?Alok Sarkar, KolkataLetters can be mailed, faxed or e-mailed to:The Editor, Business StandardNehru House, 4 Bahadur Shah Zafar MargNew Delhi 110 002Fax: (011) 23720201  ·  E-mail: letters@bsmail.inAll letters must have a postal address and telephone number

Letters: Don't need a grand name

The new Union Human Resource Development Minister Prakash Javadekar said, "Employment is not the only objective of education, building life skills and personality development are also important."

Letters: Skill-based education

I was delighted to read the front-page story, "In their modified role, junior ministers no longer pushovers" (July 9)

Letters: Modi in CEO mode

RJD President Lalu Prasad's mannerisms and histrionics are the stuff of headlines; now he says he can beat any actor with his acting prowess

Lalu, the 'star'

Digvijaya Singh has alleged that the money collected as Swachh Bharat cess is being diverted to the publicity campaign of Prime Minister Narendra Modi

Dirty secret?

After winning Assembly elections in Bengal earlier this year, Mamata Banerjee had declared that she would visit Delhi every two months

Mamata's date with Delhi

Taxation: Kuldip Kumar

Kuldip Kumar partner and leader, personal tax, PwC India, answers your questionsI want to apply for a joint home loan with my father. The bank wants income tax returns of the  past three years. However, I will be filing taxes for the first time this year. What should I do for the previous returns? Explain to the bank that your total income was less than the basic threshold limit and you were not required to file a return for those years. However, prepare a statement of income for the relevant past two previous years and give it to the bank. Also keep the proof of such income ready, as they might like to verify it.While filing tax returns, do I have to show long-term capital gains from equity or mutual funds? Can I set off losses against interest income from fixed deposit(FD)? Any long-term capital gains from the sale of an equity share or units of an equity- oriented mutual fund is exempt from tax provided the securities transaction tax (STT) has been paid. However, at the time of fili

UK Home Secretary Theresa May is unapologetic about her fancy footwear and describes this quirky penchant as an 'icebreaker'

The lady in her shoes

Challenges for advertisements to generate more heat

The rise of ad blockers

An analysis of the criminal, financial & other background details of the Union council of ministers after Tuesday's Cabinet reshuffle shows 72 crorepati ministers. Here is a snapshot of the latest inductees:

Know your new ministers

motorcycle clothing

New in town

Two-wheelers account for more accidents than four-wheelers; this is not surprising as riding without safety helmets is common in many places

Letters: Curb drunken driving

The failure of Bt Cotton crop accounts for a large number of farmer suicides in India

Letters: Dangers of GM crops

Paswan hit back. He said Yadav was "a fake" and alleged that he had failed his matriculation examination five times

Maha jungle raj in Bihar: Paswan

Human Resource Development Minister Prakash Javadekar was one of the few ministers to head to the non-vegetarian counter to sample some of the kebabs, biryani and korma

Eid bonhomie

When a new minister of state takes charge, it is customary for the senior minister to welcome his deputy with bouquets or garlands

A reversal in tradition

Leave RBI alone

Use funds with Airports Authority of India for regional air links

Needless subsidy

A snapshot of PE activity &amp; deals

Liquidity events/exits this yearThe year has seen 99 exits. There were 47 merger and acquisition exits worth $299 million. Providence Equity Partners sold 3.5 per cent stake in Idea Cellular for $205 million, while Arisaig Asia Consumer Fund sold 1.9 per cent & 1.2 per cent stake in Marico and Britannia Industries for $84 million and $60 million. There were seven initial public offerings worth $526 million.

Business Standard

Business Standard

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