The Hindu Business Line : Saturday, December 13, 2008

COLUMNS

DETAXFICATION: 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. ...

BOOKS OF ACCOUNT: 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, ...

REASSESSMENT: 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, ...

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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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