The Hindu Business Line : Saturday, January 10, 2009

OPINION

TAXATION: Tax maze in the Satyam case
The present chaos and confusion about Satyam Computers are a result of the admission made by its promoter and the interim management not confirming as yet the correctness of the revelations. Four major manipulations have been admitted ...

TAXATION: Suspend book profits tax
Chapter XII B was introduced in the Income-Tax Act by Finance Act 1987. It contains special provisions relating to certain companies which were considered to be earning high incomes without paying tax. These companies were euphemistically ...

INCOME TAX: Where delay is not condoned
Exemption under various clauses of sub-section (23C) of Section 10 is subject to the ...

BOOKS: Budget spend for education
Of the total budget spend for education, the expenditure on the revenue account is more than 99 per cent, observe the authors of Public Provisioning for Elementary Education in India ( ...

EDITORIAL: Oil strike and response
If the objective of the strike by oil sector officers was to demonstrate their indispensability to the system, they have succeeded. Chaos ruled in the major metros over the past couple of days as fuel pumps ran dry and gas-based fertiliser ...

TAXATION: Not stimulating enough
Talking about taxes, author John S. Coleman once remarked: “The point to remember is that what the government gives it must first take away.” In dark times such as the present, there is a school of thought that governments should ...

LETTERS: Insensitive reporting
Satyam is a 50,000+ employee company. When so much is written about it in the papers, declaring Mr Ramalinga Raju a criminal, how would this impact the morale of the ...

FOREIGN RELATIONS: Obama and India
The excitement over Barack Obama’s coming presidency is palpable in Washington. Hectic preparations are on for the unprecedented number of visitors who will come to witness Mr Obama’s inauguration. Even the cell phone companies ...

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

Comments & Letters to the Editor to: bleditor@thehindu.co.in
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Markets (Jan 09)

Nifty (at close)	2,873.00(-47.40)
US Dollar (Buy/Sell)	48.30/31
Brent crude (a bbl) Rs	2,224
Gold (a gram) Rs	1,229
Silver (a kg) Rs	18,290

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