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OPINION
INTERVIEW:
Issues in the FVIC route?
As per the recent approvals granted, the FVCI (foreign venture capital investment) vehicle is, inter alia, permitted to invest in the infrastructure sector. But what is the meaning of `infrastructure,' wonders Mr Punit Shah, Leader, ...
INTERVIEW:
There's opportunity in every threat
An adverse outcome in the Vodafone case may hamper foreign investment flow into India and act as a barrier for investments into India, cautions Mr Magnus Johnsson, Global M&A Tax Head, PricewaterhouseCoopers. Companies would think twice ...
TAXATION:
A fair ruling on block concept
On the basis of the recommendations of the Economic Administration Reforms Commission, and as promised in the long-term fiscal policy statement, special provisions were introduced in the Income-Tax Act for charging capital gains in respect ...
TAXATION:
Income escaping assessment
Section 147 supplies the mechanism to tax any income that has escaped assessment, with such escaped income harking back to the relevant assessment year and not to the assessment year in which such escapement was discovered. This is as it should ...
BOOKS:
Subsidise sustainable energy
Government intervention and policy structure are necessary to develop the correct ‘pull’ in the alternative energy space, urges a new book. “Fiscal incentives by way of rationalised import duties, concession in various taxes ...
EDITORIAL:
Pirates of Somalia
The sanction given to the Indian Navy to operate with a free hand in Somalia’s territorial waters, following the sinking of a pirate vessel by a Navy frigate, is important in the context of making the Gulf of Aden safer for ships. ...
FINANCIAL MARKETS:
Financial crisis: Finding country-specific solutions
The recently held G-20 summit in Washington on Financial Markets and World Economy was hobbled by two factors from the very beginning, raising questions about its making any durable difference to the current grim scenario. The first has to do ...
LETTERS:
Cut prices
This has reference to the advice given by the Finance Minister, Mr P. Chidambaram, to industry to cut prices to create ...
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