OPINION
EDITORIAL
The pulses predicament
Why are coarse cereals and pulses, which are more nutritious than the fine cereals, neglected by policymakers?
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ECONOMY
The art of signalling
Through all the brouhaha of the stock market crash, be it due to interest rate hikes in the US, the fall in the commodities markets, the draft CBDT circular apparently planning to tax FIIs or global downturn in equities, the India growth story ...
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ACCOUNTANCY
Set-off set to rest
Much to the relief of FIIs, a Special Bench of IT Appellate Tribunal settles the how of set-off of capital losses.
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Pulling the trigger to infuse reporting habit in accountants
Vice grip seems to be tightening around the accountants, in the US. Top news on www.pcaobus.org, the site of the Public Company Accounting Oversight Board (PCAOB) speaks of `Proposes Rules for Periodic Reporting by Registered Accounting ...
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Anomalies of interest
There is no level field in the interest charged by the Department for defaults and that it grants the assessees
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A draft that drew ire
The Finance Minister, Mr P. Chidambaram, is known for his measured words. But his recent ticking off of the Central Board of Direct Taxes has raised many an eyebrow. In an apparent bid to calm the jittery stock market, which many enthusiasts ...
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Insurance for auditors
The Professional Fees Insurance scheme assures that the auditor's fees are not jeopardised.
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Normal accidents
A report `2 hours ago' on http://seattlepi.nwsource.com is about the big black hole in Fannie Mae accounting. A US federal court has fined the government-sponsored mortgage company $400 million, after it ...
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POLITICS
UPA GOVT'S SECOND ANNIVERSARY
Market, quotas poop the party
If it was baptism by fire for the gentleman-politician, Dr Manmohan Singh, in May 2004, when as dramatically as unexpectedly he was anointed Prime Minister by the Congress chief, Ms Sonia Gandhi, it was nothing short of a tumultuous second ...
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CREDIT POLICY
Monetary policy in uncertain times
What is the impact of the RBI's three policy rates on inflation and the shifts in output? How do the rising crude prices affect inflation? These and a dozen other issues need careful research if the monetary policy objectives of output/employment gro wth are to be achieved, says A. VASUDEVAN.
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LETTERS
CBDT draft circular
This is with reference to `Drafted damage' (Business Line, May 20). It has been said that the criteria in the draft circular should have been put in place at the time when exemption from tax of profits on sale of listed securities was ...
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