The Hindu Business Line : Saturday, September 27, 2008

OPINION

FOREIGN TRADE: India and EU: What lies ahead?
As the Prime Minister, Dr Manmohan Singh, proceeds for the ninth India-EU summit in Marseille on September 29, it is an opportune time to take stock of our relations with the EU and look at the future prospects. The EU has been ...

TAXATION: Real versus ostensible income from property
Fixing the assessable income from property which is let out is a perennial problem for the tax administration, especially when the tenant subleases it for a rent higher than what he pays to the original lessor. Will it be correct to assess ...

TAXATION: Why a liberal tax regime for LLPs?
The Bill concerning Limited Liability Partnership (LLP) was tabled in the Rajya Sabha on December 12, 2006, by the Minister of Company Affairs. The statement of objects and reasons of the Bill shows that LLP has been conceived of “as ...

EDITORIAL: Preparing for old age
Recent efforts by the National Housing Bank (NHB) to popularise reverse mortgage loans (RMLs) in big cities are noteworthy, but they are not sufficient to address the economic needs of the elderly. RMLs promise a dignified existence to the ...

TAXATION: Compulsory acquisition
Compulsory acquisition of property by the government has raised the hackles of its victims in the recent past with many of them having no option but to capitulate before the might of the government and almost all of them feeling ...

INTERVIEW: Top tax issues MNCs face in cross-border transactions
While there has been an upsurge in the general level of cross-border transactions, both inbound as well as outbound, the tax law dealing with the same has not kept pace with the increase in the complexity and growth in the level of sophistication ...

TAXATION: Concessions — boon or bane?
There are ongoing debates about tax concessions. Low tax rate with no concessions is simple and easy to operate, but is seldom adopted in practice. India has made some progress in this regard. The merit of the tax concessions and how ...

LETTERS: Ethanol blending
“The ethanol blending mess” (Business Line, September 24) highlighted the important issue of how ethanol blending will help the farmers and attempted to pinpoint the various reasons why this has not yet ...

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Markets (Sept 26)

Nifty (at close)	3973.45(-137.10)
US Dollar (Buy/Sell)	46.42/43
Brent crude (a bbl) Rs	4,717
Gold (a gram) Rs	1,181
Silver (a kg) Rs	20,545

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