http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Sat, 04 Jul 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Income Tax http://www.thehindubusinessline.com/2009/07/04/stories/2009070450070900.htm There are a lot of expectations from the forthcoming Budget. The manifesto of the Congress party pointed out that the focus of the new measures will be to stimulate demand in the domestic economy and augment the purchasing power of the people. Given Sat, 04 Jul 2009 Railway Budget http://www.thehindubusinessline.com/2009/07/04/stories/2009070450020800.htm The Rail Budget for 2009-10 presented in Parliament reflects the importance the Government attaches to inclusive growth. So far as the Railways is concerned, the main interface is with the passenger and, hence, the Railway Minister, Ms Mamata Sat, 04 Jul 2009 Taxation http://www.thehindubusinessline.com/2009/07/04/stories/2009070450080900.htm The Limited Liability Partnership Act, 2009 came into force w.e.f. April 1, 2009. The new law provides an alternative to the traditional partnership, with unlimited personal liability on the one hand, and statute-based governance structure of the Sat, 04 Jul 2009 Railway Budget http://www.thehindubusinessline.com/2009/07/04/stories/2009070450040800.htm Everyone gets a gift: that seems to have been the guiding principle when the Railway Minister, Ms Mamata Banerjee, presented the Rail Budget on July 3. Take the spate of new trains. Apart from the usual long list of new additions, her Sat, 04 Jul 2009 Railway Budget http://www.thehindubusinessline.com/2009/07/04/stories/2009070450030800.htm A politician with pro-poor image who last year agitated in West Bengal on the issue of land acquisition for industrial projects, Ms Mamata Banerjee, the Railway Minister, has done a neat somersault on exploiting railway lands for commercial Sat, 04 Jul 2009 Interview http://www.thehindubusinessline.com/2009/07/04/stories/2009070450060900.htm Over the past few years, through a number of projects involving the private sector and the subsequent framing of best practices and model frameworks, the PPP (public-private partnership) scene in Indian infrastructure has crossed its infancy, Sat, 04 Jul 2009 Interview http://www.thehindubusinessline.com/2009/07/04/stories/2009070450100900.htm Corporates would be happy to see the end of the levy of surcharge and cess, in the forthcoming Budget, says Mr Jayant Jain, Executive Director, Tax & Regulatory Services, PricewaterhouseCoopers Pvt Ltd, Chennai ( Sat, 04 Jul 2009 Taxation http://www.thehindubusinessline.com/2009/07/04/stories/2009070450090900.htm The Goods and Services Tax (GST) is still a year away if the time given for its implementation by the UPA Government is adhered to. But a healthy debate has already started as to the contours and contents of arguably the most profound and Sat, 04 Jul 2009 Editorial http://www.thehindubusinessline.com/2009/07/04/stories/2009070450010800.htm The Railway Minister Ms. Mamata Banerjee’s first Budget turned out to be a routine one full of populist rhetoric and promises of upgradation of services and network infrastructure. There are a few plans however that mark this Budget out from Sat, 04 Jul 2009 Letters http://www.thehindubusinessline.com/2009/07/04/stories/2009070450050800.htm “Monetary Policy at the crossroads” (Business Line, July 2) brought out some stark realities on issues inhibiting the influence of monetary policy on determining the interest rates of bank loans. The wholesale price Sat, 04 Jul 2009