The Hindu Business Line : Saturday, October 20, 2007

TAXATION
Dividend versus deemed dividend
When dividends are exempt from tax in the hands of the recipients, the question arises whether such exemption is available for deemed dividends as well. More

The travails of commission agents
Since agents are not liable to pay service tax on their output services, the input tax is a cost, as there is no set-off available to them. More

Why cricket match is like a celebrity marriage
"Coverage of marriage rites between celebrity couple Arun Nair and Elizabeth Hurley are reported to be exclusively sold to Hello magazine and similarly there are rumours of sale of `marriage function' of leading movie actor Abhishek Bachhan with ... More

Liquidation proceeds — No priority for tax dues
Income-Tax dues would not have any preference or priority over the claims of the workmen or secured creditors under Section 529-A of the Companies Act on the proceeds from sale of a company under liquidation. More

The ‘Force of Attraction’ rule
The concept of “Force of Attraction” under the treaty has not been a matter of much debate before the appellate authorities till now, presumably because taxpayers have been so arranging their affairs so as not to attract the amorphous ... More

HUMAN RESOURCES
Don’t quit, just stay put!
There is a growing tendency among qualified youngsters to quit jobs almost every year. This has become a disease even in manufacturing organisations. While it looks good to have a variety of experiences in different jobs, the reality is ... More

RBI & OTHER CENTRAL BANKS
The IMF’s new mandate
A panel recently found that “the rules of the game for exchange rate surveillance are unclear, both for the IMF and member-countries.” But without correcting the deficiencies and building surveillance capabilities within the Fund, the IMF was in a hurry to set up a new framework. What is needed is a compromise, taking into account the changed global economic balance, says K. SUBRAMANIAN. More

LETTERS

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
National Fert to invest Rs 7,520 cr in revival of 2 closed units

Print preferred medium for ads: Assocham

WiMax gets ‘3G technology’ tag

Forex kitty rises $5.36 b

Crash in urad prices leaves growers worried

Gold prices to firm up by 7.15%, says Assocham

GE Shipping net grows 46% on higher freight earnings

Product biz boosts Wipro Infotech revenues

‘Freight corridor project economically feasible’

Gujarat State Petronet to expand gas pipeline network

Looking back
Oct. 7-Oct. 13
Finance and the real economy

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