This would be a wise move for retired people who have a comfortable asset base to pay the taxes.
For the fiscal year ended in March, the rate was 733 percent, partly a result of a much smaller asset base.
The company has an asset base of approximately Rs.20100 crores.
"I have watched this company and the people, and the asset base was too much not to go for it."
The acquisition allowed the Group to diversify its asset base.
A small asset base is a clear advantage, especially for funds that focus on smaller companies.
However, they were able to adjust and expand their asset base.
To avoid inequality, the policies need to focus on creating an asset base for the poor.
"Some managers continue to do well as their asset bases increase."
It is thus important for organizations to maximize the return on investment from their asset base.