COLUMNS
IMPRESSIONS
Crude effect in the air
Over the last couple of months major domestic air carriers have raised the fuel surcharge on their fare due to the hike in aviation turbine fuel (ATF) rates. ATF now accounts for about 38 per cent of airlines' ...
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DETAXFICATION
Tax on commission to foreign agents who corner business for an Indian event
In Coriolanus, Menenius tells Brutus that with wine and feeding, "we have suppler souls than in our priest-like fasts." Which perhaps explains why eats and spirits go together in occasions such as `food and wine events' listed on ...
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E-DIMENSION
India moving forward `on a remarkably stable trajectory'
Edward Luce's book In Spite of the Gods takes one on a quick ride across an India characterised as much by a `schizophrenic economy' and shrewd businessmen as by vedantic detachment and Gandhiji's legacy. D. MURALI recommends this meandering read.
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REASSESSMENT
Chambers of service
At present, the service tax law does not consider other laws to grant/negate an exemption.
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EAR TO THE GROUND
Ashok Leyland turns active
The stock of Ashok Leyland Ltd (ALL) appreciated by almost 11.5 per cent month-on-month only to close at Rs 41.85 on the BSE on Friday. Apart from improved fundamentals, expectations of a strategic partner being inducted vis-à-vis the fact that ...
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Vimta Lab: Betting on clinical reference
The counter of Vimta Labs has seen almost a 26-per cent appreciation month on month, on the BSE with the stock ending at Rs 198.25 at the bourse on Friday. The counter has gained around 4 per cent plus over the past week. Marketmen maintain ...
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SENSOR
Sensex closes above 12k level
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