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WEB EXTRAS

WATER: Kuttanad region in the grip of waterborne diseases
Rat fever, hepatitis and typhoid virulent. High incidence of waterborne diseases in Kerala’s Kuttanad region does not seem to have caught the attention of ...

OUTLOOK: New tax rule to usher in clarity on TDS credit
Procedure spelt out for persons other than deductees to avail TDS credit. New Delhi, March 20 Tax deducted at source (TDS) credit can now be availed by persons other than the deductees. This has been clearly articulated by the Central Board of ...

COURTS/LEGAL ISSUES: 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 ...

CONSUMER ELECTRONICS: Philips to focus on health, wellbeing products
Goa, March 20 In continuation of its promise of launching solutions packed with ‘Sense and Simplicity’ and assuming the position of a company that focuses on ‘health and wellbeing’, Philips Electronics India Ltd on ...

NRIS: 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 ...

TAXATION: 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 ...

OUTLOOK: Unctad stresses on monitoring of financial instruments
Proponents of financial deregulation or financial market liberalisation may not relish the key finding of the latest UN report which concluded that “a sustained process of financial deregulation — within countries and ...

PHARMACEUTICALS: Govt moots innovative funding for biotech, pharma sectors
Mumbai, March 20 Innovative funding is the latest buzzword for Government arms like the Department of Biotechnology (DBT) and the Department of Pharmaceuticals (DoP) that are looking to bolster research and make India a destination ...

HCV/LCV/TRACTORS: Ashok Leyland’s cost-cutting initiatives yield Rs 1.67 crore
Chennai, March 20 The slowdown is creating opportunity for companies and employees to do things differently, especially when it comes ...

HEALTH: Star Health’s new product to cover maternity expenses
Kolkata, March 20 Chennai headquartered Star Health and Allied Insurance Company Ltd is looking at launching a health insurance product this year that will cover maternity expenses, Mr V. Jagannathan, Chairman and Managing Director, told ...





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Markets (March 20)
Nifty (at close)2,807.05 (-0.10)
US Dollar (Buy/Sell)50.63/64
Brent crude (a bbl) Rs2,493
Gold (a gram) Rs1,432
Silver (a kg) Rs23,490


In Focus
Mandate 2009

Who is hiring?

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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
Jewellery exports down 35% in Feb

Smartbuy



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