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Saturday, May 09, 2009
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WEB EXTRAS

POLICY: Towards national neutrality
Investment abroad by US companies is substantial and because investment outflows have grown, it is not surprising that US taxation of overseas investment is a prominent issue before policymakers. First, because investment abroad is an ...

COURTS/LEGAL ISSUES: Depreciation for non-compete fee?
When a business is taken over, it involves consideration by way of a non-compete covenant entered into by the parties to the takeover arrangement. The entity whose business is taken over undertakes not to carry on any activity in relation to ...

PETROLEUM: Oil companies under taxman’s scanner
The oil and gas sector plays a vital role in the economic growth of a country and more so in the case of oil importing countries like India, which imports about 70 per cent of its crude oil requirement. It is anticipated that oil and gas would ...

CLIMATE & WEATHER: S. India tea output seen lower in April on inadequate showers
January-March production down 8 million kg. Kochi, May 8 Insufficient summer rains so far this year is likely to keep the South Indian tea production low even in April like the first three months of the ...

COURTS/LEGAL ISSUES: Capital gains exemption dilemma
Taxing capital gain transactions has always been a challenge to the Revenue and this has been accentuated by conditions which require complete satisfaction with regard to taxing or providing relief.




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Markets (May 08)
Nifty (at close)3620.70(-63.20)
US Dollar (Buy/Sell)49.33/35
Brent crude (a bbl) Rs2,752
Gold (a gram) Rs1,354
Silver (a kg) Rs23,540


In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Spending for IT security relatively low: Study


Deccan Express Logistics service launched

Forex reserves fall by $1.3 b

Challenges before new government

WSG may rake in $100 m from IPL global rights

Rise in interest income lifts Andhra Bank’s Q4 net by 62%

Nathula Pass trade draws blank as traders stay away

After D6, all eyes on adjacent blocks

DLF falls on buzz of promoters’ stake sale

S. India tea output seen lower in April on inadequate showers

Looking back
Apr. 26-May. 2
Tourist arrivals to India to grow

LIC new premium income declines 9.8%

Nasscom to press for STPI benefits

Rejig at Satyam helm after another exit

Life



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