Fake PAN Cards
Even as the government harps on the virtues of paying taxes, fake cards of Permanent Account Numbers (PAN) are proliferating. In December 2005, a top Income Tax official told this writer that the number of PAN cards issued is nearly twice the number of Income Tax assessees. We now know that 43 million PAN cards have been issued, while the last available data with this writer...
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  • Business Protocol

    Apropos the Business Protocol articles of Mr Walter Vieira, I would like to share just one of the many personal experiences I have had in my life. Some time back, while I was in Australia, during my studies in Portfolio and Economic Analysis, I was staying at a shared housing arrangement. People of all ages and various countries and communities lived there. I happened to discuss a business...

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  • Beating The Risk
    How do you measure fund performance? In simple terms, it is the change in your net asset value over a period of time. But academics say that while returns are important, what is equally important is the degree of risk taken to achieve that return. Risk evaluation is a part of any investment process, especially for those investing in equity funds. Risk and return are supposed to be...
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