The Hindu Business Line : Saturday, January 06, 2007

DETAXFICATION
No businessman can be compelled to maximise his profit
Quite unusually, it was commercial expediency that scored over taxman's nitpicking in a recent verdict of the apex court: S.A. Builders Ltd vs Commissioner of Income Tax (Appeals), Chandigarh. The company had transferred, out of its ... More

REASSESSMENT
Is simplification still a mirage?
A recent World Bank survey of tax laws highlights the fact that India has the most burdensome tax administration among the world's top 20 economies. More

EAR TO THE GROUND
West Coast Paper in spotlight
The stock of West Coast Paper Mills is being keenly watched by market players following the company's recent announcement of an expansion programme. According to market sources, the company is likely to arrange for debt financing for this ... More

SENSOR
Support at lower levels helps Sensex remain flat
Taking cues from the Asian counterparts, after a seesaw battle the markets closed flat for the last trading day of the week. Sensex opened low at the opening session, but strong support at lower levels helped it to bounce back nicely to gain 100 ... More

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