The Hindu Business Line : Saturday, April 12, 2008

PETROLEUM
Energy policy: Band aids for bullet wounds
The country's current energy policy is having worryingconsequences: OMCs, forced to sell below cost, are goingbankrupt, companies that could develop alternativeshave to compete with artificially low fuel prices, andconsumers don't make the behavioura ladjustments that would lower the demand for oil,argue SHANMUGANATHAN N. and RAM VENKATACHALAM. More

TAXATION
Deductibility of debt for wealth tax
More

BOOK PROFIT
Countering tax evasion the Kautilya way
Every action has an equal and opposite reaction. So too, every levy of tax meets with ingenious ways to avoid paying the tax, says K. R. Sampath in Tax Avoidance under Direct Tax Laws (www.cliofindia.com). Our Income-Tax Act does not define ... More

EDUCATION
Opening the doors of learning wider
More

RBI & OTHER CENTRAL BANKS
Fed: Sending the wrong signals?
The Federal Reserve appears to be chasing a crooked shadow. Let us track its approach to policy since last August. It has turned Keynesian instead of being Monetarist by preferring to fine-tune a rules approach. There has been too much of ... More

INTERVIEW
Thorny issues in the Industrial Park Scheme, 2008
In a bid to provide the much-needed boost to the manufacturing sector, which has been showing signs of deceleration, the Government announced the long-awaited Industrial Park Scheme, 2008. But the welcome initiative may prove to be a myth, fear ... More

INCOME TAX
No restraint on departmental appeals
The Central Board of Direct Taxes displayed a sense of urgency to limit the filing of appeals. In March 2000, a decision was taken to reduce litigation by advising officers not to raise questions of law where the tax effect is less than the ... More

LETTERS

Wary of sovereign wealth funds

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
Glochem into formulations, looking for PE funds

Spectrum: Vigilance panel seeks clarifications from DoT

TVS Logistics raises Rs 100-cr PE investment from Goldman Sachs’

‘India must export what the world wants’

Forex reserves rise by $2.724 b

Fed: Sending the wrong signals?

Single super phosphate price fixed at Rs 3,400 a tonne

Thorny issues in the Industrial Park Scheme, 2008

Bangalore airport launch delay costs BIAL Rs 40 cr

Looking back
Mar. 30-Apr. 5
IITs: Quality only because of exclusivity

Testing the limits of market economy

The standard makes hedge accounting difficult