Profit booking in Esops can be taxing

Employee stock option plans, or Esops, are touted as one of the best tools to create long-term wealth. These are the shares an employee gets of his/her employer at a discounted rate to the current......

FinMin likely to tax film rights

A recent decision of the high court in Chennai on the levy of service tax on software sale has made the Union finance ministry hopeful of a similar verdict in the case of copyright services. The......

Media cos oppose tax on copyright services

PVR Pictures, Balaji Telefilms, Yash Raj Films and UTV Motion Pictures have moved the Delhi high court against the government's recent decision to levy service tax on copyright services. In a writ......

After FBT, are ESOPs attractive?

Employee stock option plans (Esops) are back in the news. Last month, acknowledging the confusion over calculation of fringe benefit tax (FBT) on stock options, the government pushed ahead the......

Snooker: Shabaz trounces Shravan

Shabaz, representing Petroleum Sports Promotion Board, trounced Shravan of Maharashtra 82-38 54-67 54-20 65-26 while Andhra Pradesh's K Someswara Rao thrashed Druv Sitwala of PSPB 58-1 49-27 61-73......