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Saturday, May 26, 2007
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OPINION

NON-CONVENTIONAL ENERGY
`Subsidies have not helped popularise solar power'
With the exception of a few villages covered by rural electrification programmes, solar energy penetration continues to remain low and far too under-utilised compared to its potential, according to Mr Amit ... More

EDITORIAL
Prime homilies
As much as industry captains, politicians and policy-makers have responsibilities towards the nation. More

INFORMATION TECHNOLOGY
What is ICT's contribution to economic growth?
The national income from the ICT sector remains unestimated. Neither the corporate sector nor the policy-makers seem serious about this in the context of the booming ICT-led New Economy. More

PETROLEUM
HUBBERT SPEAK
Has Saudi oil production peaked?
Why, in spite of the record high oil prices and quadrupled rig counts, has Saudi Arabia not increased its oil production or its reserves? Does it indeed have the spare capacity it claims to, or is it past its peak oil production? RAM VENKATACHALAM an d SHANMUGANATHAN N offer some answers. More

TAXATION
Depreciation doubts
Recently, the Finance Minister, Mr P. Chidambaram, stated: "There is a myth in this country that India's tax laws and tax returns are most complex. Our tax laws certainly can be simplified but our tax return forms are among the simplest in the ... More

Taxing changes from June 1
No more will the tax law as on April 1 prevail for making assessments for that year. The Finance Bill, 2007 has made 16 amendments to the I-T law that takes effect from June 1, 2007. More

Service tax on rentals
The constitutional validity of the levy of service tax on rent payable for lease of commercial immovable property is highly doubtful. More

Endorsements: The taxman's doosra
When a cricketer earns income through promotional activities, should the taxman hit him for a six? More

LETTERS

  • Profits can improve universities




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