Financial Daily from THE HINDU group of publications
Saturday, April 15, 2006
Markets (April 13)
BSE Sensex11237.23(-118.50)
S&P CNX Nifty3345.50 (-34.50)
US Dollar (Buy/Sell)45.15 (+0.30)


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OPINION

EDITORIAL


Posted to the market
The beleaguered India Post will have greater responsibility for resource generation. More

POLITICS


Age of quotas
The controversy generated by the Government decision to set aside a quota for Other Backward Castes in specialised educational institutions is important for at least one reason — that a chunk of the ... More

TAXATION


A case of `cerebral' damage in cellular world!
Saturday is not a day when you would like to tax yourself with something too cerebral. But this is something special: The case of Nokia that came up before the Delhi tribunal recently. The dispute was whether what the company did was consulting ... More

To govt, from govt
Is RBI liable to pay tax on dividend distribution? More

Re-structuring hampered
New explanations to the concept of actual payment More

REASSESSMENT
Tilting at the windmills
Income-tax sleuths are gunning for a renowned manufacturer of wind-energy-generation machinery not so much to nail it for tax evasion as to ferret out information about its clients. These worthies are alleged ... More

ECONOMICS


Will Pascal's Law work in Lamy's case?
World trade is in fluid state, and so one wonders if the hydraulic law of Blaise Pascal will come to the WTO chief, Mr Pascal Lamy's rescue even as he applies persuasive pressure on the member-countries, expecting the same to get transmitted througho ut the system and get translated into the right actions. More

INCOME TAX


What of expenditure not dealt by law
For expenditure to be allowed as a deduction it is not necessary to show that the tax-payer was bound to incur it. Even if it is incurred on grounds of commercial expediency, it would be deductible though there may be no compulsion to incur such expe nditure. More
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In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
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Looking back
Apr. 2-Apr. 8
Western markets on a high

`This is the time to come to Bihar'

Agriculture's role in contemporary development

Love you, US!

RBI's balance-sheet: Mirroring global change



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