The Hindu Business Line : Saturday, March 21, 2009

OPINION

ECONOMY: The danger of rising economic nationalism
As economies all over the world are going deeper into recession (or at least significant slowdown, as in China and India), economic nationalism is rearing its head everywhere. The hardest hit have been some of the economies that rely ...

EDITORIAL: Water woes
It is a paradox that the world is inexorably moving towards an era of water shortage despite water constituting three-fourths of the earth’s surface. Together with climate change, emerging water scarcity, it is increasingly believed, has ...

ENTREPRENEURSHIP: Empowering through decentralisation
When the Indian Constitution was being developed in the 1940s, there was considerable debate on the issue of centralisation. The Constitution ended up leaning toward centralisation, which was an adaptation of Western principles to suit ...

TAXATION: Taxman targets offshore deals
As India’s economy becomes more global, companies are conducting an increasing number of complex offshore transactions and the tax department wants to stake a claim in the same.In India, so far the trend has been that if the ...

TAXATION: Full value vs fair market value
The income-tax department has been waging a running battle to detect undervaluation of properties with a view to evade or avoid payment of legitimate capital gains tax. The transfer price of the property is generally understated both with a view ...

TAXATION: Works contracts and GST
As the Government’s promised date for implementing a Goods and Services Tax (GST) in India draws near, expectations are building up amongst those impacted by indirect taxes. One such expectation relates to a possible simplification of ...

INCOME TAX: Undeserved exemption
Section 10(15)(iv)(fa) of the Income-tax Act, 1961 confers complete exemption from income-tax to interest earned by any non-resident or not-ordinarily resident from any scheduled bank in India provided the deposit has been made in a ...

INCOME TAX: Charitably liberal
There is no exact line of demarcation between religion and charity. Section 11 of the Income-Tax Act, however, gives blanket exemption in respect of income from property held under trust meant wholly for charitable or religious purposes. If ...

LETTERS: Accounting standards
This has reference to the corporate India’s demand to revise the Accounting Standard-11, as the present standard requires them to report losses on foreign currency transactions on a mark-to-market basis on their profit and loss ...

LETTERS: Falling inflation
There is no point in rejoicing over inflation rate falling to three-decade low of 0.44 per ...

Columnists: • C Gopinath • Harish Bijoor • G Chandrashekhar • S Murlidharan • Sharad Joshi • Mohan Murti • S Balakrishnan • Bharat Savur • B S Raghavan • Ganesh Challa • Bhanoji Rao • Swati • T Banusekar • Ramanujam Sridhar • Ranabir Ray Choudhury • Rasheeda Bhagat • P.V. Indiresan • P Devarajan • S Muralidhar • R K Raghavan • B Venkatesh • S Venkitaramanan

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

Markets (March 20)

Nifty (at close)	2,807.05 (-0.10)
US Dollar (Buy/Sell)	50.63/64
Brent crude (a bbl) Rs	2,493
Gold (a gram) Rs	1,432
Silver (a kg) Rs	23,490

In Focus
Mandate 2009

Who is hiring?

More

Other Top Stories
Efforts to reduce cost of ownership working: Ford

Star Health’s new product to cover maternity expenses

Empowering through decentralisation

Soya oil duty waiver raises doubts; windfall gains for some traders

IOC evinces interest in RIL fuel retail biz

Unctad stresses on monitoring of financial instruments

Looking back
Mar. 8-Mar. 14
UPA slips on the fiscal peel

The global crisis and Indian finance

The great Indian election: An inspiring example