The Hindu Business Line : Saturday, June 23, 2007

ENVIRONMENT
Global warming: Speed the car's exit
It is a hard message and an unpopular one for carmakers. But we have to make these changes and I want to be a small force for making others understand what we need to do and what we can realistically achieve. — MR GRAEME MAXT ON, AUTO SPECIALIST, ECONOMIST, AND AUTHOR More

TAXATION
No taxation by circulars
Circulars can be issued to remove any unintended hardship to the taxpayer or to resolve a procedural problem. But in no case can a circular place the assessee in a worse position... More

Streamlining the appeal process
Critics have pointed out that the amendment puts the appellants in a difficult situation. There can be cases where the appeal is delayed and such delay is not attributable at all to the taxpayer. More

The burden of stamp duty
High stamp duty rates lead to under-valuation of the transaction and this directly results in revenue loss. More

Democratisation vs dilution
Preparing and releasing into the market people with a smattering of knowledge of a subject, besides being dangerous also tantamounts to devaluing a profession established by law. More

HUMAN RESOURCES
Labour squeeze hurts India Inc
The biggest challenge for companies is in getting skilled manpower and, more important, retaining people. This problem, across industries, has forced companies to recruit from outside the area of specialisation and spend enormous time and money on tr aining, without even knowing how long the employees will stay on. N. RAMAKRISHNAN looks at the problem that could stymie the India growth story. More

INCOME TAX
Reason to believe
In the Income-Tax Act, the term `assessment' includes reassessment. The reason for reassessment could arise where the income chargeable to tax was not assessed at all or in the assessment made earlier it was not charged to tax. The apex court, in ... More

LETTERS

Binding the employee

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

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