Business Daily from THE HINDU group of publications
Saturday, January 17, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, January 17, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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OPINION TAXATION: Vulnerabilities to tax risk The self-confessed mis-statement of accounts by the ex-chairman of Satyam Computer Services has been hogging print-space, airtime and casting shadows on India’s corporate governance record. While it may not be justifiable to generalise ... FINANCIAL MARKETS: The exchange rate scenario As a result of the opening up of the economy, the rupee has been exposed to global trends in forex flows and exchange rates. Like a quick-change artiste, the rupee, after appreciating for quite some time, started depreciating dramatically and is ... INCOME TAX: A case of trust restored Generally, religion and charity go together in India. Contributions to a charitable trust are given relief under Section 80G of the Income-Tax Act, 1961. This requires recognition of the trust by the Commissioner of Income-Tax ... TAXATION: Does tax deter window-dressing? In the immediate aftermath of the Satyam revelations in the form of an ostensible confession as to inflation of profits through fictitious sales, some commentators have opined that the company would not have done what it has but for the ... INCOME TAX: Expenditure allocation Where a taxpayer does an activity which is liable to tax and also resorts to certain other activities which yield tax-free incomes, the expenditures incurred have to be bifurcated between taxable and tax-free activities. The method of allocation ... BOOKS: Software sops The Department of Electronics (DoE) Secretary, Nagarajan Vittal, Joint Secretary in the Ministry of Commerce, K. Roy Paul, and Economic Advisor, Pronab Sen, were the three individuals who changed the outlook of the DoE, writes Dinesh C. Sharma ... EDITORIAL: States and stimulus There’s a lot about the economic stimulus, particularly the second tranche that is unexceptionable. In view of the rapidly rising fiscal deficit, it is perhaps just as well that monetary options were preferred. However, it is in the nature ... LETTERS: Banks and the Satyam bailout The Government is rightly not in favour of committing funds for bailing out Satyam, though it seems to expect the public sector banks to grant it commercial loans. A few important issues arise. First, public sector banks are also public ... 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 Subscribe to: Business Line |
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