The Hindu Business Line : Saturday, July 12, 2008

INTERVIEW: When the taxman tethers TDS to a time machine
The Delhi High Court held recently that a period of four years from the end of the relevant financial year can be read as a "reasonable" time period when no statutory timelines have been prescribed.. TDS or tax deducted at source has been a bone ...

TAXATION: A matter of precedence
Part II of the Finance Act prescribes the rate of tax deduction at source on various types of income. In the case of a company which is not a domestic company, royalty income is taxed at 30 per cent if the agreement under which it is payable is ...

TAXATION: When in doubt — remand the matter
Bridge is a fascinating card game and avid bridge players follow a popular dictum when they defend a trump contract — when in doubt lead the trump. More often than not this is a successful play to defeat the contract. What has this got to ...

EDITORIAL: The nuclear option
The debate over the propriety of the Government taking the nuclear deal forward is bound to simmer, at least until the present Government wins a vote of confidence in the Lok Sabha. But that should not obscure from us an altogether different ...

PEOPLE: Friendly Field Marshal
"Do ??you know that Field Marshal S. H. F. J. Manekshaw lives in Coonoor? It could be worth talking to him," said a fellow-journalist from Malayala Manorama as we were discussing the murmurs that the Defence Forces should take over the country's ...

TAXATION: Wealth tax woes
The CBDT (Central Board of Direct Taxes) has gone on record bemoaning the stagnant wealth tax collections — Rs 145 crore is what the Revenue has garnered from this source in each one of the last seven years. Absolute figures are always ...

RAILWAYS: Integrated transport policy: Putting rail freight back on track
With petroleum prices moving continuously northward, the moment of introspection for promoting public transport for passenger travel and Railways for commodity movement has arrived. This is the most opportune time to evolve measures that ...

LETTERS:

Corruption and the poor

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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Ranbaxy-Daiichi deal

People's car

Other Top Stories
Forex reserves down $3.4 b

Small borrowal accounts declining

Commodity exchanges Q1 turnover up 24%

Rlys plans to begin work on freight corridor this fiscal

When the taxman tethers TDS to a time machine

Infosys betters guidance, pricing outlook clouded

Looking back
Jun. 29-Jul. 5
Global GDP growth: A longer view