SEARCH
Singapore provides an alternative gateway to all major Asian markets.
Singapore provides an alternative gateway to all major Asian markets.

Singapore, a preferred tax haven

Capital gains aren't taxed, inheritance taxes aren't charged, and individuals are taxed only on income earned in Singapore. »

Social Responsibility for SMEs

The ongoing debate in Western economies regarding the role of corporates in widening the gap between the rich and the poor, exemplified by the Occupy Wall Street movement, has brought focu... »

Audit firms need proper supervision

Auditors should exercise professional scepticism and look for areas where financial statements might be susceptible to fraud. »

60 Seconds Chief

»

Audit conclusions and reporting

The goal of an audit is to form and express an opinion on financial statements. The audit is performed to get reasonable assurance on whether the financial statements are free of material... »

Peer review for chartered accountants

The Institute of Chartered Accountants of India (ICAI) has taken it upon itself to ensure the quality of the working of its members through peer review. Peer review is review of the profes... »

Access to funds

The Government of India's recent announcement of its intent to increase its market borrowings by Rs 40,000 crore to fill in the sluggish tax collections gives a clear signal that interest... »

TDS relevance for foreign commissions

Gangesh Exports Ltd is engaged in the manufacture of precision sorting machinery for agricultural products. It sells machinery to various countries, especially developing countries, through agents... »

Pricing petroleum products

The pricing of petroleum products in India has several anomalies that warrant urgent reforms to address the unintended adverse effects on persistently high inflation, high energy costs for... »

Advance ruling under indirect tax

Authoritative and binding advance rulings allow traders and investors to make business decisions regarding taxes and duties, in a stable and predictable environment. Advance rulings lend t... »

Healthcare industry

The healthcare industry in India is attracting a significant amount of capital from Private Equity firms, as it is one of the few sectors that continue to witness steady growth in the curr... »

Investing overseas, the easy way

The Reserve Bank of India has simplified the foreign investment procedure. Sudhir Rao, an Indian businessman with substantial interest in the winemaking and brewery sector, recognised the growing opportunity in Australia for investment in the vinification business. As th... »

Voluntary disclosure for foreign assets

The voluntary disclosure scheme brought Rs 7,800 crore in
additional revenue to the government. Mr X, an industrialist, constantly looks out for news items for a possible offer of a Voluntary Disclosure scheme by the Government, especially involving offshore assets. Mr X has funds stashed aw... »

Foreign exchange risk

The foreign exchange market is witnessing unprecedented volatility with the Rupee-dollar exchange rates moving from Rs 44.1 per USD to Rs 54.2 and then again to Rs 52.7, all within the las... »

Managing risks in retail FDI

Large air-conditioned stores, cold chains and high consumer commuting contribute to higher carbon footprint The ongoing battle regarding FDI in retail is likely to intensify further in the coming months. The arguments put forth for and against the policy are equally valid. However, peo... »

Eliminating Chinese competition in trade

Firms need cash-flows, management of costs and hedging of risk. Ilango is the Managing Director of a fully-integrated automobile component manufacturing unit that exports automobile components to various countries, with a major chunk of it going stateside. The... »

Primary market: Games companies play

SEBI has discovered that the money raised through IPOs flowed mostly into accounts of stock market intermediaries, through many layered transactions. Two of the companies, RDB Rasayans and Onelife Capital resorted to applying for their own offers through ‘benami' or fictitious applications in the retail category. »
NFC Pairing

NFC #101: All you need to know about NFC

Of late, there has been a lot of talk about the advent of NFC. In CES this year, a handful of NFC-enabled smartphones were launched and created quite a buzz. And why not? After all it's a nascent... »
HYDERABAD (AP) - 27-07-2011 - BL / STATES PAGES : -- Government files pile up at the State Secretariat in Hyderabad on Wednesday as the resignations of the Telangana Ministers in the Kiran Kumar Reddy Government and their rejections by the Speaker are having a cascading effect on the functioning of the Government . A scene at the Secretariat in Hyderabad on Wednesday in this picture taken at 11.27 am as few employees turned up . With an impending strike by the Telangana NGOs from August 1 and the threat of the Government to impose ESMA, a showdown is on the cards . --PHOTO: P.V.SIVAKUMAR .

Secrecy can be expensive

A research paper that can keep you awake is ‘Accounting for Secrets' by Mark Harrison of University of Warwick (www.ssrn.com). “The Soviet state counted people, resources – a... »

Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line.
Comments to: web.businessline@thehindu.co.in. Copyright © 2011, The Hindu Business Line.