The Hindu Business Line : Saturday, May 23, 2009

OPINION

EDITORIAL: Helping hand for exporters
Giving the exports sector a leg up will be one of the major responsibilities of the new UPA Government. Exports fell by as much as 33 per cent in April, the seventh consecutive month that it has fallen. The decline is expected to continue for ...

POLITICS: Wanted: Safe hands for Health Ministry
Don’t make the Health Ministry “tradeable”, pleads a senior bureaucrat at the Centre, as the Congress and the DMK haggle over ministries even on swearing-in day. The fear is that the Health Ministry will once again ...

TAXATION: Expatriate’s tax liability
When a foreign company deputes its employees to work in India for a joint venture company, is there a liability on the foreign company to deduct tax on the income of its expatriate employees working in India? Will the provisions for tax ...

POLITICS: Sri Lanka: Moving beyond conflict
The Sri Lankan President, Mahinda Rajapaksa, his brothers, the Defence Secretary Gothabaya Rajapaksa, and adviser Basil Rajapaksa deserve credit for a determined campaign to eliminate the terrorist LTTE.The top leadership of the ...

TAXATION: Application of the agency principle
The recent revocation by the Income-Tax Department of the notice issued to Sesa Goa Ltd, proposing to treat it as an agent of the non-resident companies which were the acquirers of all of the shares of Sesa Goa’s holding company, ...

TAXATION: Voluntary declaration of foreign money
In 1997, the then Finance Minister, Mr P. Chidambaram, introduced a tax amnesty scheme called Voluntary Disclosure of Income Scheme (VDIS) that yielded a modest amount to the Government. The new government may consider introducing a ...

POLITICS: DMK overplayed its hand
The predicament in which the Dravida Munnetra Kazhagam (DMK) finds itself is of its own making. Its supreme, Mr M. Karunanidhi, reputedly cool and calculating in making his moves, has apparently been outwitted by the Congress Party which refused ...

TAXATION: Living in the past
There is a tale about a taxpayer who received a second notice for tax, panicked, went to the tax office, paid the tax and apologised for not paying at the first notice only to hear the officer say that they do not issue first notices since ...

INCOME TAX: Levy of penalty not automatic
Deduction of tax at source and remitting the same to the exchequer is the responsibility of the payer of income. The payee could claim credit in respect of such tax deduction while computing his tax liability. The payer has to comply with ...

LETTERS: Banks and technology
The editorial “Value in Technology” (Business Line, May 20) quoted the RBI Deputy Governor, Ms Shyamala Gopinath’s comment that the use of cheques will continue but wondered why she offers no explanation ...

LETTERS: Economic priorities
The article “Economic priorities for the new government” (Business Line, May 22) is a good analysis of the priorities for the new government. All the suggestions merit serious consideration. With the poor being ...

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

Markets (May 22)

Nifty (at close)	4,238.50(+27.60)
US Dollar (Buy/Sell)	47.10/12
Brent crude (a bbl) Rs	2,872
Gold (a gram) Rs	1,350
Silver (a kg) Rs	23,535

In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Software piracy drops 1%, but value of losses rises: Study

Expatriate’s tax liability

Apollo’s Vredestein buy enhances global presence

Forex reserves decline by $1.73 b

Import of sensitive items up 28% in 2008-09

Looking back
May. 10-May. 16
What me, PM? You must be joking!