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Saturday, February 04, 2006
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OPINION

EDITORIAL


Vision and action
IN HIS SECOND `national' press conference since taking charge as Prime Minister, Dr Manmohan Singh showed himself as the professional economist he has always been, now imbued with a vision. His statements on the economy have not been a round-up ... More

ECONOMY


`India everywhere'
AT Davos the theme song, as far as New Delhi is concerned, was "India Everywhere". As a publicity ploy, the message could not have been better constructed, specially at this juncture when foreign investors see great ... More

TAXATION


The `transfer' debate
T. C. A. Ramanujam looks at whether capital gains arise on dissolution of a firm More

`Lethargic and adamant attitude' of taxman
A CASE that raised "substantial and important questions of law of great general public importance" was Sandvik Asia Ltd vs Commissioner of Income Tax-I, Pune, decided by the apex court on January 27. The main ... More

ECONOMICS


Globalisation `is now officially dead'
John Ralston Saul traces the rise, plateau and fall of globalisation in The Collapse of Globalism and the Reinvention of the World, and explains why it is officially dead. On a similar theme, A Fair Globalisation: Creating Opportunities for Al l, from the World Commission on the Social Dimension of Globalisation, echoes Saul when it states that successful policies, to respond to globalisation, need to start with local communities. Good global reads, says D. Murali. More

INTERVIEW


`Our WTO negotiations are mainly about making Russia an equal participant in global trade'
It is important that we complete the negotiations with India on Russia's WTO accession. We are sure that our fast accession would be in India's interests, too, because Russia honouring its agreed commitments would mean better and broader access of Indian goods to Russian markets. More

INCOME TAX


Deposit with house-owner — The interest is not taxable
The deposit taken from a tenant acts as a kind of security for the house-owner, if, for instance, the licensee refuses to vacate at the expiry of his agreement, or if the owner agrees to a lower rent. The taxability of this amount has been the subjec t matter of litigation under tax laws. More



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In Focus

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In Depth

Gender Justice
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Looking back
Jan. 22-Jan. 28
Deciding the tax rate — Factor in the bribe rate too


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