The Hindu Business Line : Saturday, October 13, 2007

EDITORIAL
Compensating those displaced
It is not certain if the new initiative will smoothen the process of acquisition of private land for economic development. More

ECONOMY
The importance of being BRICS
We believe we should work closer with the BRIC countries as they are importantly placed in the world economy. Our mandate is to make sure we contribute to the better functioning of the world economy. More

PETROLEUM
DENMARK DIARY
Race for the pole position
Five nations are scrambling to lay claim to the huge reservoirs of crude oil beneath the seabed under the Arctic ice. As much as with one another, these nations will have to contend with the indigenous people, the Inuit, who want a say in the matter. More

POWER
Way out of the nuclear deal
I had ended my previous column pointing out that, judged purely on technical and financial terms, without the need of arguments concerning encroachment on India’s sovereignty or independent foreign policy, the nuclear deal will not make ... More

TAXATION
CA certification vs AO authorisation
With the volume of trade rising exponentially, the Government has thought it fit to delegate to practising CAs the activity of passing orders specifying the percentage of withholding tax to be deducted before making payment overseas. More

Taxability of services rendered abroad
An employee who goes on deputation abroad would do well to look at the DTAA between India and the foreign country to gauge the tax impact. More

Elusive clarity
It is ironic that even after 13 years of the law being in force, one needs to refer to legal provisions to decide whether a particular service is taxable under the Finance Act, 1994 as service tax or not. While the marquee services are not ... More

INTERVIEW
Will the lottery agent fall into service tax net?
A bumper draw of sorts is currently on, with more than Rs 2,000 crore as the sum at stake. And, the amount seems to be only a teaser of what can be bigger jackpots that the taxman is gunning for, from the lottery ... More

LETTERS

The coin cycle

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