Business Daily from THE HINDU group of publications
Saturday, June 02, 2007
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OPINION

EDITORIAL
Consolidation takes wings
Merging of airlines is an inevitable fallout of aviation industry economics. More

AGRICULTURE
Brazil — the emerging bio-fuel power
The pioneer in the use of ethanol as an alternative fuel, Brazil could soon become a bio-fuel power with its ability to grow a variety of vegetables and oilseeds on large tracts of arid land unsuitable for other crops. India, which relies much on imp orted crude oil, has much to learn from the Brazilian success story and the way it was achieved, through public-private partnership, says R. VISWANATHAN. More

TAXATION
Consultants and litigations unabated
With the service tax law becoming more complicated, management consultants' services are at the top of the list of litigations. More

An un`settling' decision
The powers and functioning of the Settlement Commission have been considerably curtailed despite the Duggal Committee's eloquent references to its work and functioning. More

Entertainment may not wholly depend on language
On language, there have been many fights. One such was waged at the apex court between Aashirwad Films and the Union of India. The bone of contention was a notification issued by the Andhra Pradesh Government levying entertainment tax based on ... More

HUMAN RESOURCES
Tectonic shifts in salary
Naan Appavoda Adigam Sambadikaren, gushes a sweet 20-something in a TV commercial for a software course in popular Tamil channels. The advertisement, refreshing as it is, does not exaggerate a bit any more than the Prime Minister, Dr ... More

INTERVIEW
`Many potentially good firms fall by the wayside'
"If we do not have seed stage and very early stage funding, where will we get enough companies eligible for VC funding?" — MS ANJANA VIVEK, CEO, VENTUREBEAN CONSULTING More

INCOME TAX
Re-jigging ESOPs for the FBT era
Given that the taxing event of the ESOP is the employee exercising the option, it makes sense not to do so, but to look for alternate ways of capturing the value. Imaginative employers can re-engineer ESOP without offending the SEBI guidelines. Imaginative employers can re-engineer ESOP without offending the SEBI guidelines. More

Judicious use of power to withhold refund
Before adjustment of refund is made against the tax payable by an assessee, prior intimation is mandatory. If this is not done, the assessee has the right to seek relief. More

LETTERS

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    Union Budget 2007-08

    Railway Budget 2007-2008

    Economic Survey 2006-2007

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    May. 20-May. 26
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