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Financial Planning: Malhar Majumder
I am 52, and have recently sold my business, the proceeds from which I want to invest. My children are in their final years of school. So, my priority is to plan for their future . I also have two commercial properties, which I have not let out. I have two life insurance policies, for which I pay Rs 72,000 annually. Please help. Estimate the annual cash outflow for your children’s education and

Uncertainty over consortium agreements

It is quite common these days that foreign companies take up turnkey projects in India in association with other companies. For this purpose, quite frequently, foreign companies enter into a joint

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APL gets stay on HC order seeking opinion of DRI, ED

The Adani Power Limited (APL) has obtained stay on a Gujarat High Court order which had sought additional details and reports from various investigating agencies before giving final nod to

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Pranab targets Rs 5.7 lakh cr direct tax

Union Finance Minister Pranab Mukherjee on Sunday said that the ministry has set a target for collection of direct taxes to the tune of Rs 5.7 lakhs crore for the current financial year.

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Letters: Window dressing again?

Apropos the edit “SBI turns around” (May 31), the bank’s performance smacks of the industry practice of window dressing accounts. You state in the edit that provisioning was made

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Union Cabinet approves restructuring of Bird Group of Companies under Ministry of Steel

The Union Cabinet on Thursday approved the proposal for modification of the 'grant-in-aid' instead of 'waiver' of income tax liability arising due to restructuring of Bisra Stone Lime Company

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