The Hindu Business Line : Saturday, March 17, 2007

DETAXFICATION
Needed, accountability for adventurous tax demands
The root cause for all the `demand' woes is the fact that the assessing officer who takes an aggressive approach in formulating the assessment, which is subsequently reversed by a higher appellate authority, is not held accountable for his action. More

REASSESSMENT
Billionaires outside the tax loop
Two unrelated developments, happening as they did in the immediate aftermath of the Budget, made two telling revelations. The raid following a tip off provided by the random scrutiny of the return of one Hassan Ali Khan has revealed the ... More

SENSOR
Inflation concerns drag down indices
The market weakness continued on Friday, with India's inflation numbers accelerating more than expected. The markets, which began on a mildly positive note, dropped after the first hour of trading. The Sensex declined 0.90 per cent to close at ... More

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