The Hindu Business Line : Saturday, August 12, 2006

EDITORIAL
For inclusive growth
The key task is not of raising the economic growth rate to 10 per cent but of sustaining it and spreading it widely. More

TAXATION
HUF: Bane or Boon?
Surprisingly, the Government carries out any amount of amendment to the law without looking into the revenue loss caused by the recognition of the HUF as a separate taxable entity. More

Annuity falling between two stools
What happens if a person had subscribed to a pension plan and claimed deduction under both Sections 80C and 80CCC. More

Sea change in the fee concept
In A Midsummer Night's Dream, Puck speaks of `pleading for a lover's fee' and asks Oberon, `Shall we their fond pageant see?' A recent case before the apex court was about rice mills' plea that the taxman see the difference between cess ... More

The return of fringe benefits
Capturing of information at source in the required format is crucial for successful completion of FBT assessments. Linking it with income-tax assessments will help and speed up the process. More

LIFESTYLE
Mumbai, rude?
Dressed in crisp black-coats, they stood on the kerb, about 60 of them. Men and women staff of Marine Plaza, stood in silent reverence in front of the glass-tinted hotel, facing Mumbai's famed Marine Drive. They ... More

PUBLIC SECTOR BANKS
Public sector banks caught in a bind
The Finance Ministry asking public sector banks to keep in abeyance their prime lending rate hikes can affect the independence and efficacy of the PSBs. Hopefully, the Ministry will withdraw the letter and permit banks to function as before. More

BOOKS
The `Darwinian element' in supply-demand matters
"The outlook for the world economy is uncertain at best — and dire at worst," warns Wake Up! But not all is gloomy: If It's Raining in Brazil, Buy Starbucks. And there are more useful tips in Controlling Currency Mismatches in Emerging Markets. More

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Looking back
Jul. 30-Aug. 5
TN Budget: Politically adroit, yet fiscally responsible