The Hindu Business Line : Saturday, June 10, 2006

PHARMACEUTICALS
Kill fake pills
It is quite baffling why a suspense thriller like the Da Vinci Code evokes a shrill response from Central and State governments, ignoring more lethal realities of people's lives. For instance, spurious drugs, which seasoned pharma ... More

TAXATION
Monopoly menu that put the taxman in a mandap soup
CKP Mandal is a charitable trust registered under the Bombay Public Trust Act. It owns a building with halls that are given on hire for official, social and business functions. CKP entered into a contract with Saideep Caterers and Decorators, ... More

A catalogue of failures
The CAG reports seem to be an exercise in faultfinding More

A bypass to Taiwan
Tax treaty with a country whose sovereignty is in question More

Landmark ruling on permanent establishment
A recent ruling on the interpretation of provisions of Double Tax Avoidance Agreements is a landmark decision on the concept of a permanent establishment, which is the bedrock on which business profits can be taxed in a contracting state. When the re is a close and continued relationship between a resident and non-resident business, the latter becomes liable to tax in India. More

Out of Form
Taxpayers and professionals have criticised Form 2F as burden thrust on assessees. The Revenue Secretary has disclosed that the Revenue Department has an "open mind" on the issue for the next assessment year. Before this statement was made, news ... More

BOOKS
Time to redraw `the wealth maps'
There is a future for wealth, assure Alvin and Heidi Toffler in Revolutionary Wealth, promising countless opportunities for entrepreneurs. Riding on that wealth revolution is India, the subject of Aaron Chaze's An Investor's Guide to the Next Economi c Superpower. Both books offer a wealth of information to wallow in over the weekend, says D. MURALI. More