• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

This refers to the article on the ICAI's suggestion for taxing educational institutions run on commercial basis (Business Line January 9).

It is a fact that many of the educational institutions are run on commercial basis and very few are truly imparting education on a charitable basis.

If the institutions run on a commercial basis are subject to tax, the Union Finance Ministry will surely be able to raise substantial revenue for the Government year after year.

Since these educational institutions are run by politically influential personalities, it would be a challenging task on the part of government to implement such proposal.

K. Srinivasan

Bangalore

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Painful potions

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line