The Hindu Business Line : Saturday, February 10, 2007

BUDGET
BUDGET EXPECTATIONS
Go to the root of currency instability
It is foolish to defend currencies without addressing the sources of instability in the real economy, which make asset markets unstable. And hiking interest rates to strengthen currency values is as pointless as rolling back rates to rein in a soarin g currency, argues G. RAMACHANDRAN. More

FOREIGN TRADE
Mastering commercial diplomacy
Carefully designed training programmes are one of the key activities that support and strengthen Indian capabilities as a dynamic participant in the global economy. We have simply not paid enough attention to this area. More

TAXATION
Expenditure tainted with illegality
When illegal income is taxed, questions about deduction of expenditure tainted with illegality arise. More

Not the way to bond with taxpayers
The CBDT (Central Board of Direct Taxes) Notification 380 of December 22, 2006, not only pulls the rug from under the feet of those who have earned substantial capital gains but also gives an unpalatable foretaste of things to come. Through ... More

Quasi-judicial proceedings — `Taxing' the adjudicating authority
While applying the principles of natural justice the court must also bear in mind the theory of useless formality and the prejudice doctrine. More

Services on the taxman's radar
The grapevine is that the focus of the Budget this time around would on service tax. More

Transfer pricing regulations should be sensitive to business dynamics
With the quantum and type of international transactions increasing, there would be greater focus on transfer pricing, not only amongst corporates, but within the tax department as well. More

LETTERS

Inflation numbers

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E-paper anouncement

What BPO players say about scope for cutting costs

Forex reserves rise $995 m

Gold, silver gain on bullish global trend

Customs duty collections up 34.3% in Apr-Jan '07

Nimbus challenges sports feed Ordinance

Budget expectations of financial services sector

Looking back
Jan. 28-Feb. 3
Can successful executives raise high performing children?