The Hindu Business Line : Saturday, August 13, 2005

Taxing incentives
THE RECOMMENDATION BY the Economic Advisory Council to the Prime Minister that for tax purposes the monetary value of export incentives be treated as export proceeds raises a more fundamental question: Should the Council be at all advising the ... More

FOREIGN TRADE

The difficult road to Cafta
On July 27, the US House of Representatives approved the Central American Free Trade Agreement with a wafer thin majority. The Bush Administration pulled out all stops, including a last-minute intervention by the President himself, to turn the vote i n favour of the pact. The gains of the agreement, if any, were political, and the failure to get it passed would have been embarrassing for Washington, says K. Subramanian. More

TAXATION

No haven in the making
T. C. A. Ramanujam on the new-look DTAA with Singapore More

Wireless, contract-less and deduction-less
HNS India VSAT Inc was the appellant in a recent case before the I-T tribunal in Delhi. The company, wholly owned by Hughes Network Systems of the US, provides telecom-related services, including installation and site ... More

Creditors can cheer now
S. Murlidharan on the semblance of parity between creditors and debtors More

Don't follow false leads
Searches under the I-T Act should be authorised with care, says T. N. Pandey More

Check at entry, not at the exit
If the rationale for BCTT is to establish a tax trail, then the entire mechanism of the levy needs to be re-examined, says R. Anand More

ECONOMIC OFFENCES

The continuing fight against corruption
TO some people, writing about corruption in Indian public life is tantamount to wasting time and effort because of the intractable nature of the problem. The clear inference is that no matter how much the subject is ... More

BOOKS

Workers lose claims to value gains
REDS travel from Honda to Maruti, scream the day's stories about labour interest in the `other' Japanese company. It appears that the unions are up in arms against the dismissal of 92 employees during a labour trouble ... More

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