The Hindu Business Line : Saturday, November 29, 2008

OPINION

TERRORISM: Is India a soft state?
The carnage in Mumbai in the wake of the latest terrorist outrage inevitably raises the query, yet again, about whether India is a “soft state”. Terrorist attacks are not new to Mumbai and its law and order machinery, starting with ...

TAXATION: Rollover benefits to avoid capital gains tax
Long-term capital assets suffer tax at a higher rate compared to short-term capital assets when they are transferred for a consideration resulting in taxable capital gains. Tax law allows rollover benefits for investment of sale proceeds in ...

TAXATION: GDR regime falls foul of the I-T Act
Global Depository Receipts and its American equivalent American Depository Receipts — both compendiously referred to as GDR in this article — are both about mobilising equity in foreign currency from ...

TAXATION: Court rulings vs Revenue clarifications
Remember the last time when Ricky Martin came to India for some stage performances? On his way back he was questioned by Indian tax authorities at the airport regarding taxes on income he had earned from stage shows. Such a gesture with ...

EDITORIAL: The slowdown
The GDP estimates of 7.6 per cent for the second quarter (July-September) confirm that the economy had begun to slow down even before the global financial turmoil and the domestic liquidity famine of the past two months began to apply their ...

TAXATION: Service tax on chit funds?
The Finance Act, 1994 introduced, for the first time, levy of tax on services. Starting with tax on three services, this tax is now leviable on more than 100 services — its coverage getting extended by each year through the Finance ...

BOOKS: Energise costing transparency
...

LETTERS: Free Indians
I completely agree with the thoughts expressed in the eloquent article “They don’t speak for me” (Business Line, November 28). I don’t think any Indian would ever dare or feel like attacking this ...

LETTERS: Dialogue and trust
I just read your well-written piece “Don’t speak for me” (Business Line, November ...

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Markets (Nov 28)

Nifty (at close)	2755.10(+2.85)
US Dollar (Buy/Sell)	50.07/10
Brent crude (a bbl) Rs	2,454
Gold (a gram) Rs	1,196
Silver (a kg) Rs	18,225

In Focus
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