The Hindu Business Line : Saturday, December 13, 2008

OPINION

TERRORISM: Terror: Rhetoric and reality
The extensive debates on television talk-shows and opinion pieces in the print media over the Mumbai terror strikes have perhaps left the general public a little befuddled, if not outright confused. This is due, in no small measure, to all manner ...

AGRICULTURE: Seeding inclusive farm growth
The oft repeated cliché in India’s development strategy is ‘inclusive growth’. With more than 60 per cent of the population dependent on agriculture for their livelihoods, it is imperative that we look at different ways ...

INTERVIEW: An episode in Vodafone story
In the Vodafone case that was keenly watched for the past several months, almost since August of last year, the curtain is yet to fall, says Mr Pranav Sayta, Tax Partner and Tax Leader Transaction Tax, Ernst & Young. ...

TAXATION: Genuine hardship
Section 220(2) of the Income-Tax Act, 1961 provides for charging of interest by the I-T department for late payment of tax demands. However, to mitigate hardship in deserving cases, sub-section (2A) of the section provides for reduction or waiver ...

TAXATION: Withdraw FBT
Fringe Benefit Tax (FBT) was introduced in the Income-Tax Act, 1961 through the Finance Act, 2005 which incorporated Chapter XII-H in the Act w.e.f. April 1, 2006. It contains provisions relating to definitions, charge of FBT, value of ...

BOOKS: Remove indirect tax exemptions
Domestic indirect taxes are often singled out as a major reason why Indian manufacturing is uncompetitive, but is the argument justified, wonders Bibek Debroy in one of the essays included in India and the Global Economy, ...

EDITORIAL: Home truths
Following the economic stimulus package for certain sectors announced by the Government last week and the RBI’s repo rate cuts, public sector banks are set to offer more than just easier interest rates on home loans up to Rs 20 lakh. The ...

TAXATION: When clubbing backfires
The Income-Tax Act contains provisions in Section 64, popularly referred to as clubbing provisions, that seek to put paid to the stratagem of splitting one’s income among near and dear ones. If a spouse gifts anything to his/her spouse, ...

LETTERS: Housing loans
It is good that the Government is initiating fiscal measures to tackle the effects of the financial crisis that has hit many countries. It has been reported that “PSU banks are set to offer cheaper, easy home loans” to the public ...

LETTERS: Clear policy needed
Determined efforts are needed to take Maharashtra to the top of economic development in today’s global recession-hit ...

LETTERS: Maharashtra growth rate
The Maharashtra leaders are trying to save their skin by trotting out the bogey of global economic slowdown. However, measures need to be taken in this regard without wasting any more time or by indulging in petty political ...

Columnists: • C Gopinath • Harish Bijoor • G Chandrasekhar • S Muralidharan • Sharad Joshi • Mohan Murti • S Balakrishnan • Bharat Savur • B S Raghavan • Ganesh Challa • Bhanoji Rao • Swati • T Banusekar • Ramanujam Sridhar • Ranbir Ray Choudhury • P.V. Indiresan • P Devarajan • S Muralidhar • R K Raghavan • B Venkatesh

Comments & Letters to the Editor to: bleditor@thehindu.co.in
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Markets (Dec 12)

Nifty (at close)	2921.35(+1.20)
US Dollar (Buy/Sell)	48.45/46
Brent crude (a bbl) Rs	2,247
Gold (a gram) Rs	1,189
Silver (a kg) Rs	17,705

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