COLUMNS
OFFHAND
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 ...
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DETAXFICATION
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 ...
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REASSESSMENT
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 ...
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EAR TO THE GROUND
IFC’s Angel investment lifts brokerage stocks
Listed brokerage as well as investment advisory stocks on Friday shot up quite smartly. Stocks such as India Infoline (0.89 per cent), IL&FS Investment Managers, Emkay Share & Stock Brokers (10.47 per cent), Motilal Oswal Financial ...
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