The Hindu Business Line : Saturday, November 24, 2007

EDITORIAL
Elusive FTA
While efforts are on to reach a compromise with Asean, New Delhi has been keen to protect the interests of the more fragile sectors of the domestic economy. More

TAXATION
By indirections find out directions
It is enacted in the laws of Venice, Portia informs Shylock in The Merchant of Venice, that if it be proved against an alien that by direct or indirect attempts he seeks the life of any citizen, “the party ‘gainst the which he doth ... More

Rough edges in the new export valuation norms
The Export Valuation Rules stipulate that the value of export goods shall be the transaction value, but if the buyer and seller are related then the exporter must prove that the relationship did not influence the price. More

Understatement in real-estate deals
Income-tax law has been grappling with the problem of “on-money” deals in real-estate transactions. The “on-money” in such transactions is estimated to be around 15 per cent of unaccounted money in the country. There was ... More

SSI
Rekindle the spirit of khadi
Amid the melee triggered by the nuclear deal controversy and trauma of Nandigram in West Bengal, an event of significance that passed unobtrusively this week was the golden jubilee celebration of the Khadi and Village Industries Commission ... More

MANAGEMENT
Co-opt vendors into business process
To grow in a competitive environment, it is important for businesses to develop a close relationship with their vendors. More

FOREIGN DIRECT INVESTMENT
China’s FDI policy — Changing gears for national interests
In the initial years of reform in China, FDI substituted for bank lending as banks were prohibited from lending to private firms. But since 2005, the thrust has been to use FDI to promote investment in higher-value-added sectors and discourage indisc riminate pursuit of FDI by local governments, says K. SUBRAMANIAN. More

INTERVIEW
On how ambiguity robs the SEZ-sop of its sizzle
If the SEZ tax benefit is to be fully realised, the Government ought to formally amend the formula, or adopt a pragmatic approach at the time of assessment and grant the full deduction, based on a beneficial interpretation of the law. More

LETTERS

Sugar facts

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P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
Investor education top priority for SEBI in 2008

Forex reserves rise $967 m

Cos’ overseas borrowings fall in Aug

Steep fall likely in Kenya’s tea production

Crude output down in Oct on power shutdowns

Understatement in real-estate deals

‘Jet has received money only through normal channels’

Looking back
Nov. 11-Nov. 17
Paying the price for risky strategies in financial services

Market Stabilisation Scheme and the Indian fisc

Why does the American way fail in Japan and India?

Undisclosed income of educational institutions