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Remarks against Maya: Villagers clash with cops

Fetched: March 31st, 2008, 4:18am EDT

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Tension prevailed in Sisoli village in Muzaffarnagar district of Uttar Pradesh after supporters of Bharatiya Kisan Union leader Mahender Singh Tikait clashed with police trying to arrest him for allegedly making derogatory remarks against state Chief Minister Mayawati, leaving a dozen policemen injured. Uttar Pradesh government has sounded an alert in all the districts of Western Uttar Pradesh and paramilitary forces rushed to the area to avoid any untoward incident.

Images: Of guns, deadly cops and controversies

Fetched: March 31st, 2008, 4:18am EDT

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Images: Of guns, deadly cops and controversies

Selling MF bonus? Read the small print

Fetched: March 31st, 2008, 4:18am EDT

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With a slew of measures for mutual fund investors, Sebi has regulated that Selling of bonus units in mutual funds before nine months can lead to more tax liability, but it does not apply to stocks. This is because an amendment was made in the Income Tax Act, which prevents tax payers from 'bonus stripping'. This provision mentions that if there is any loss when the investor redeems bonus units in the first nine months the loss will not be considered as part of taxable income.

Mitsubishi Lancer Evolution @ Rs 21.7 lakh

Fetched: March 31st, 2008, 4:18am EDT

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"We are planning to bring Evo 10 to India through the completely built route (import). This may push the cars' end cost but the company has no plans to locally build the car yet. The response for the car (from the market) will decide whether it can be manufactured here or not," said a company executive on the condition of anonymity. Internationally, the car costs $30,473 (Rs 12 lakh) and $32,697 (Rs 13 lakh) for different variants.