The Hindu Business Line : Saturday, August 02, 2008

OPINION

ENVIRONMENT: Accounting for people, planet and profit
Indian companies can be divided into two broad groups based on their approach to sustainability. The first and larger group, accounting for close to 80 per cent of all companies, approaches sustainable development as a philanthropic cause, driven ...

TAXATION: Multiple penalties for TDS failure
For failure to deduct tax at source where one should have as well as for failure to deposit the tax deducted at source with the treasury within the prescribed time, interest at 1 per cent per month or part thereof is payable in terms of Section ...

TAXATION: Prospective versus retrospective amendments
While tax laws by themselves are complicated, even more so are the provisions of the Income-Tax Act, 1961. Even after five decades there is uncertainty with regard to interpreting both the substantive and procedural provisions of the law. The ...

TAXATION: Depreciation allowances for intangible assets
Finance [No. 2] Act, 1998 brought in a major amendment with regard to the law regarding depreciation allowance. Section 32 of the Income-Tax Act, 1961 was amended to grant depreciation allowance on knowhow, patents, copyrights, trademarks, ...

EDITORIAL: Chasing shadows
If evidence were needed that the Reserve Bank of India’s prescription for inflation control may be having some unpleasant effects, look no further than the home loan market. Leading institutions such as HDFC and ICICI Bank have raised rates ...

TAXATION: Stay of I-T demands
Petitions concerning stay of demands become necessary when assessments are made on incomes, which are much more than what have been returned by the taxpayers and, thus, beyond the capacity of taxpayers to pay. In such situations, applications for ...

LETTERS: Serial blasts
This refers to Response to the article “Serial blasts: Don’t blame the Government alone” (Business Line, July 29). Besides the technology in execution, the imported terrorists have shown their acumen in ...

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Markets (Aug 01)

Nifty (at close)	4413.55 (+80.60)
US Dollar (Buy/Sell)	42.35/36
Brent crude (per bbl) Rs	5,211
Gold (per gram) Rs	1,168
Silver (per gram) Rs	26.70

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
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

Other Top Stories
It’s time for Titan to grow in overseas markets

‘Rising credit card defaults worrisome’

Aggressive plans for affordable 3G devices

Wireless broadband policy announced

Capital adequacy norms for NBFCs hiked to 12%

Q1 cashew nut shell liquid exports drop

The economics of growing old

Vegoil prices on the decline; consumers to benefit

Looking back
Jul. 20-Jul. 26
When the remedy does not spell a cure

Attention: News channels

Ten misconceptions about the nuclear deal

Emerging economies can decouple from the US