The Hindu Business Line : Saturday, April 22, 2006

The view at 12,000
Valuations are becoming increasingly stiff, risks are higher for those entering now and return expectations will have to be moderate. More

POLITICS

Reshaping voters' list
A recent visit to Haldia revealed how political parties can use the stringent measures taken by the election authorities to cleanse the voting system to further their interests. As far as this correspondent ... More

TAXATION

A world broken up into fragments
On April 13, a five-judge Bench of the apex court decided the Jindal Stainless Ltd vs State of Haryana case. An important verdict, it was, because of the focus on local levies. First the story: Jindal Strips Ltd (now known as Jindal ... More

Element of discrimination
Service tax relief for NBFC industry More

Apportionment of expenses
The method of estimating the expenditure to be disallowed will be prescribed by the Central Board of Direct Taxes Fine-tuning the computation of taxable income More

LEVYTATE
Poles apart from reason
Is there a `manufacture' when pipes of different diameters are welded? That was the question before the apex court in the Hindustan Poles Corporation case. "Pipes/poles do not lose their original character and identity as pipes. The pipes ... More

EDUCATION

Education, the great leveller
Today, the country's top educational institutions can be compared to the best in the world. Institutions such as the IIMs are being wooed to go global, with none other than the Prime Minister of Singapore championing the cause. Substantial allocati ons have laid the foundation for education in Urban India. It is time the Government took the success story to Rural India. More

BOOKS

Three players of trade game in new economic geography
"Europe is changing and reinventing itself," writes Jean-Joseph Boillot in his book Europe after Enlargement. And exploring what happens when there is `geoeconomic realignment of globalising markets' are Jagdish N. Sheth and Rajendra S. Sisodia in Tectonic Shift. Both, says, D. Murali, are gritty reads for the weekend. More