The Hindu Business Line : Saturday, September 13, 2008

COLUMNS

DETAXFICATION: Issues that tax companies
The new direct tax code that the Government is planning to introduce, to replace the current Income-tax Act, is expected to emphasise transparency and taxpayer-friendliness. Similarly, making suitable amendments in the indirect tax provisions ...

REASSESSMENT: Taking the lead
The non-dom tax of a flat 30,000 British pounds or actual tax on whichever is less, with effect from the financial year 2008-09, payable on foreign income by those who have been residents of Britain for at least seven years in a block of ten ...

EAR TO THE GROUND: Market tumbles on basket selling
Despite decent IIP numbers and soothing inflation numbers, the Indian market ended sharply lower; the BSE Sensex tumbled 2.26 per cent and the NSE’s S&P CNX Nifty lost 1.44 per cent.According to brokers, two prominent foreign ...

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Markets (Sep 12)

Nifty (at close)	4228.45(-61.85)
US Dollar (Buy/Sell)	45.65/66
Brent crude (a bbl) Rs	4,357
Gold (a gram) Rs	1,051
Silver (a kg) Rs	17,820

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