The Hindu Business Line : Saturday, January 07, 2006

On right track
THE DECISION TO allow private players enter rail container freight service, ending the monopoly of the majority Railways-owned Container Corporation of India (Concor), is welcome in more ways than one. From a public policy perspective it is ... More

POLITICS

Year 2005: Best and worst of times for Parliament
It was the best of times; it was the worst of times... It was the spring of hope; it was the winter of despair. THE Dickensian description aptly fits the state of Parliament in 2005. In the year gone by, ... More

TAXATION

Inklings for India Inc
T. C. A. Ramanujam on reforms required on the corporate tax front More

Tax on parallel education that failed the test of Article 14
THE decision of the Kerala High Court in the Malappuram District Parallel College Association case may not have many parallels. Because the verdict, delivered on August 31, 2005, by Justice C. N. Ramachandran ... More

Due for a `servicing'
Sanjiv Agarwal suggests reforms to the service tax regime More

Making amends for a lost deduction
Why not permit the deduction of employment-related expenses from salary income, asks T. N. Pandey More

Liaisoning can be taxing
Any expenditure incurred by an assessee for any purpose which is an offence, or which is prohibited by law, is deemed not to have been incurred for the purpose of business. More

ECONOMICS

Do genes score over merit in economic future?
The belief that education, and not environment, is key to moulding a person may be have to be revised, says D. Murali, quoting from Unequal Chances. In another revelation, Rajesh Jain writes in Chains that Liberate, that there seems to be high attrition in family businesses, with less than 10 per cent of inherited firms lasting beyond the third generation. More

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