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DETAXFICATION: Presumptive taxation should not be viewed as retrograde Detaxification
A Budget proposal that has attracted a lot of attention, interest and excitement among small businesses is the presumptive taxation scheme. The Finance Bill, 2009 seeks to extend the scheme to all businesses with gross receipts not exceeding Rs ...

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




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Markets (July 17)
Nifty (at close)4,374.95 (+143.55)
US Dollar (Buy/Sell)48.72/73
Brent crude (a bbl) Rs3,078
Gold (a gram) Rs1,377
Silver (a kg) Rs22,890


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