The formula stands on two ratios. First, the company's EBIT as a proportion of its net fixed assets plus net working capital and second, the company's EBIT as a proportion of its enterprise value.
While the focus of telecom companies during the initial phase of
privatisation was on adding subscribers, now the stress is on making
money by offering value-added services.
Studies have shown that as many as 70% people who get a windfall lose it within a few years. It is, therefore, important to create a regular income stream.
"The scheme will allow depositors of gold to earn interest in their
metal accounts and jewellers to obtain loans in their metal accounts. Banks and other dealers will also be able to monetise gold,"...
We take you through the various tax proposals in the Budget that require you to rework your portfolio and suggest the best ways to carry out these changes.