OPINION
EDITORIAL
Banding banks
THE FINANCE MINISTRY and the Reserve Bank of India may be looking at setting up a committee to pan issues stalling consolidation of the banking system. With the RBI allowing foreign banks up to 74 per cent stake in private banks, the Government ...
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POLITICS
Elections and the match of spin doctors
LAST fortnight one was more than a little foxed to get a stream of e-mails criticising one for being pro-China and pro-Pakistan, and "refusing to accept the fact that India is indeed shining." Not having written ...
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TAXATION
Netted fish in the tax net
T. C. A. Ramanujam on a case that discussed the taxability of payment in kind
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Explanation that calls for an explanation
Is pre-acquisition interest within or outside the ceiling, asks S. Murlidharan
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Don't overdo the `due'
R. Anand on an apex court ruling that was about `due date' and `due time' in the filing of return
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NOR to-dos in the North Block
K. Srinivasan on tax problems posed and faced by non-residents and assessees not ordinarily resident
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How much milk is too much milk?
AHMEDABAD ITAT had to get busy doing milk mathematics recently when dealing with the Shankerlal Nebhumal case. The assessee-HUF consisted of six brothers and their families — all 25 members living jointly, and ...
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EDUCATION
IIM: Redrawing the battlelines
The latest attempts by the HRD Ministry representatives to browbeat the IIM-A Society may force the Institutes to look at a future minus official interference and financial aid. The day may not be far for some IIMs to decide on cutting the government apron strings and charting out a future on their own, says Vinod Mathew.
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TRENDS
The Universe around us
A FEW days ago, astronomers associated with the Hubble telescope announced to the world that they had unveiled the "deepest portrait of the visible universe ever achieved by humankind". The canvas reportedly revealed ...
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BOOKS
And the Oscar for disinvestment goes to...
ARUN SHOURIE is no longer a worried Minister. With oil IPOs on fire, he is happy that the privatisation programme is going strong and if there were an Oscar for his branch of work, you could bet who the winner would be. ...
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