Business Daily from THE HINDU group of publications
Saturday, February 21, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, February 21, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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OPINION INCOME TAX: Taxability of fraudulent income A person lives by regularly receiving and reselling stolen goods for a profit. Is the profit made by him taxable as income? Another person takes to burglary on a large scale. Will his gains be taxed? What is his trade or business? Is a dacoit or ... BUDGET: Interim Budget: A damp squib This interim Budget has a shelf-life of about three months, hence its allocations for the next fiscal cannot per se be taken seriously. However, like the stimulus packages that preceded it, the Budget tells us something about the economic vision ... TELECOMMUNICATIONS: Vodafone case: Policy response required A lot of controversy was generated about two years ago in the wake of the notice issued by the International Taxation Division of the Income-Tax Department ("Revenue") at Mumbai to M/s Vodafone International Holding B.V. ("VIH") asking it to ... INCOME TAX: Delightfully vague status of LLPs The LLP Act, 2008 has not spelt out the tax status of a Limited Liability Partnership (LLP). As the Income-tax Act, 1961 stands, it does appear that an LLP would be treated as a company because Section 2(26) defining ‘Indian ... BUDGET: A stimulus opportunity missed The Interim Budget presented by the acting Finance Minister, Mr Pranab Mukherjee, was awaited with much expectations from both business and individual taxpayers alike. Technically, during an election year, the Government cannot ... EDITORIAL: Funding the unorganised sector There is a danger that the drive to enhance lending to industry will bypass the unorganised sector, deepening the impact of the slowdown. There are about 58 million enterprises in the non-farm unorganised sector each with investments up to Rs ... PETROLEUM: India and China — Who will grab the gas? China’s current natural gas consumption is twice that of India and both need gas imports by way of transnational pipelines and liquefied natural gas (LNG) by sea to meet growing demand. While natural gas forms 8 per cent of ... LETTERS: New growth model The article “Wanted: New growth model” (Business Line, February 18), explained the need for a new growth model “that will place the highest premium on universal human welfare and happiness and in harmony ...
LETTERS:
Housekeeping 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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