The Hindu Business Line : Monday, January 30, 2006

Transfer pricing audits — Govt unlikely to do away with `secret comparable' practice
THE Finance Ministry is unlikely to do away with the practice of resorting to "secret comparables" in the process of transfer pricing audits. Secret comparables are basically benchmarks or information on comparable transactions obtained by the ... More

POLITICS

7 new Ministers in Union Cabinet — Aiyar loses Petroleum to Murli Deora; Shinde gets Power
LEAVING the four pillars of his Cabinet - Finance, Home, Defence, and Law - untouched, and retaining the External Affairs portfolio, the Prime Minister, Dr Manmohan Singh, today did the first major reshuffle and expansion of his Council of ... More

TRADE & LABOUR UNIONS

Pay revision: Central Govt staff to go ahead with strike from March 1
CENTRAL Government employees have rejected an appeal by the Cabinet Secretary, Mr B.K. Chaturvedi, to postpone their proposed indefinite strike by a month. They plan to go on an indefinite strike from March 1 to press for their main demand of ... More

SECURITY

Akash missile ready for production
AKASH, the surface-to-air weapon system, can now intercept and hit multiple enemy targets. Defence scientists have demonstrated this capability by successfully hitting two flying objects. Two missiles, fitted with warheads were used in the ... More

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Transfer pricing audits — Govt unlikely to do away with `secret comparable' practice

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