OPINION
EDITORIAL
More directions
No different from the populist policies of old, the latest RBI guidelines will face the same obstacles that made directed lending a patchy success.
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POLITICS
US hand in the battle of Begums
Recently in Bangladesh, RASHEEDA BHAGAT presents a glimpse of that country's political scene, especially the US' role in trying to ensure that the January elections are conducted smoothly and a democratically elected government is installed in Dhaka.
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TAXATION
Disquieting quietus
The amendments made to the Central Excise and Customs laws in 1991 to end what was perceived by some quarters, including by the government of the day, to be undue enrichment of manufacturers was as peremptory if not as dramatic as the Emergency ...
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The power to condone delays
A liberal and pragmatic approach is needed
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Tax structuring and planning via the Netherlands can be worthwhile
What is common to Ballarpur Industries, Crompton Greaves, NIIT, HCL Technologies, ONGC Videsh, Jubilant Organosys, Infosys, Wipro, Satyam and iGate? These are some of the Indian companies that have set up, or are in the process of setting up, ...
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Haze over debenture redemption surplus
Redemption of debentures is nothing more than repayment of a loan. This view of the Karnataka High Court bristles with interesting possibilities.
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INCOME TAX
The price of friendly loans
In case of giving loans to business associates or sister concerns deductibility of the interest paid becomes legally controversial on the ground that the borrowing is not for a business purpose because the funds are in turn advanced interest free to others.
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CARTOON
Pocket
"These tablets are for my fear of flying. This tonic is for now — for the fear of checking-in."
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