The Hindu Business Line : Saturday, October 30, 2004

OUTSOURCING
Opportunity for independent BPO units
According to a recent circular, if an independent entity undertakes BPO services for foreign companies and also renders services to others, it will not be treated as a permanent establishment in India of the foreign firm, thereby ensuring that the la tter does not have to pay tax in India. This is a good opportunity for firms to set up BPO units in India providing high-value services at competitive prices to foreign companies, says H. P. Ranina. More

EDITORIAL
Opening the Burma road
THE VISIT TO India of the Myanmar strongman, Gen Than Shwe — the first by a top leader of that country in 24 years — should be seen as a step towards consolidating the diplomatic and economic gains made by the "Look East" policy of ... More

ECONOMY
Managing the economic affairs
THE mantle of the Secretary in the Finance Ministry in charge of economic affairs has fallen on the the Reserve Bank of India Deputy Governor, Dr Rakesh Mohan, with considerable experience earlier as Advisor to the ... More

TAXATION
You've to run faster just to stay in the same place
AS IF to answer a popular Zen koan, `What is the sound of one hand clapping?' there is the Möbius strip, named after the German mathematician and astronomer August Ferdinand Möbius. It has only one surface and ... More

INCOME TAX
The order of rebate
There is need for a holistic approach to the law on rebates to clear the air of confusion, says S. Murlidharan More

ECONOMIC OFFENCES
UN blows the whistle on corruption
Corrupt politicians in sizeable numbers are ruling the roost as elected representatives of the people. More

BOOKS
Knowledge does not fit well in the `comfortable world' of economists
AGREED, you have knowledge of economics. What about knowledge of The Economics of Knowledge? This is a new sub-discipline of economics, says Dominique Foray in his book from the MIT Press ... More

CARTOON
Sticklish issues
More

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