Financial Daily from THE HINDU group of publications
Wednesday, November 06, 2002
Markets (Nov. 5)
BL 2501036.55 (+4.90)
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India Inc better watch out for a Kelkar hit
THE Kelkar Committee proposals on corporate taxation might sting the corporate sector although, on the surface, it offers a bundle of tax benefits. Just sample this. Companies now paying less than 30 per cent of the book profits as tax may end ... More

Exemptions must go for taxes to be cut
THE lowering of marginal tax rates for individuals proposed by the Kelkar panel on Direct Taxes could blow a hole in the exchequer's pocket if it were a stand-alone exercise and not accompanied by a removal of exemptions. According to internal ... More

Individuals dominate software patenting
WHAT do you think is common to these Indian software professionals - Ashish Belagali, Columbus Sivashunmugam, Kakarla Satyanarayan and Amit Jaipuria? Might not easily ring a bell, but they are among the large group of individuals who have ... More

More sops needed to lure bidders for Hind Copper
THE faltering privatisation exercise under way in Hindustan Copper Ltd (HCL) has given the Union Government a few good lessons on financial restructuring in loss-making PSUs and the most notable one is that such schemes should be finalised in ... More

Jet to hike fares by 10%
DOMESTIC air fares are set to head northwards from November 11. The country's leading private sector airlines, Jet Airways, is to effect a 10 per cent across-the-board hike in its rupee fares from November 11. Along with the normal fares, other ... More


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