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Saturday, September 20, 2008
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WEB EXTRAS

INFRASTRUCTURE: Extend the tax holiday for SMEs in IT
Even as those in the IT (information technology) industry clamour for tax incentives, others wonder if IT has not matured enough to be able to sustain itself without any further fiscal support of tax incentives from ...

TAXATION: Reduction in tax compliance burden, the most pressing need for corporates
Companies today consider compliances as a top priority item, says Mr Ajay Kumar, Executive Director, PricewaterhouseCoopers. "Companies feel that going forward there will be an all-round increase in the challenges they face today covering ...

COURTS/LEGAL ISSUES: Muddled common expenses regime
The Income-Tax Act, 1961 spares certain incomes from tax liability. There can hardly be any scope for doubt or dispute had such cases been straightforward — the expenditure in respect of activities giving rise to such income being unique ...

TOURISM: Lanka uses Ramayana trail to lure tourists
Hyderabad, Sept. 19 Making Sri Lanka more attractive for the Indian travellers, the island nation has decided to tread the Sita-Rama trail, tracing back the footprints of Sita, Rama and Ravana. Sri Lanka (referred to as Lanka in the epic ...

SPORTS: FieldTurf Tarkett unveils non-grass sports surfaces
FieldTurf Tarkett (India), the sole licensee of Montreal-based FieldTurf Tarkett in the SAARC region, has launched a range of non-grass sports surfaces for indoor and outdoor sports in the ...





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Markets (Sept 19)
Nifty (at close)4245.25(+207.10)
US Dollar (Buy/Sell)46.34/35
Brent crude (a bbl) Rs4,238
Gold (a gram) Rs1,165
Silver (a kg) Rs19,475


In Focus
Remembering Ramachander

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Record gold guinea delivery on MCX


Garware Offshore to tap African oil exploration market

Ministry supports direct import of aviation fuel

FIIs active in bourses’ bulk deals

Bank stocks recover after mayhem

Tata AIG Life confident of moving ahead with expansion

Re depreciation to boost customs revenues: CBEC chief

Hindalco investing Rs 19,800 cr on capex

Exposure to Lehman only $5 m: O.P. Bhatt

Looking back
Sep. 7-Sep. 13
‘India’s medium-term prospects still look bright’

Vedanta to invest $9.8 b to expand aluminium capacity

‘Indian market is ready for loan applications online’

Life



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