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Realistic levies: Mr S. S...
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Analysts bullish on primary market success
PSU issues worth Rs 40,000-cr expected in 9 months. Analysts are upbeat about the initial public offerings (IPOs) lined up for the coming months. They say that the economy has done really well and companies are gung-ho about tapping ...
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Rate relief coming in new tax regime: CBDT chief
Sees scope for more collections through TDS route. Income-tax rates could be reduced in the proposed Bill for new Direct Taxes ...
Ten-digit fixed-line numbers from 2012
Starting January 2012 your fixed-line phone number could become a 10-digit number just as in the ...
BPCL buys stake in Australian shale gas fields
To invest $ 13.5 m; signs agreement with Norwest Energy. Bharat Petroleum Corporation has entered the shale gas space in Australia through an agreement with ...
Jawans get armed for civilian life with IT, soft skills
NEW VISTAS. Next vacation, when Army jawan Gurjeet Singh goes to his native Bareilly, he looks forward to training his people in soft skills. Thanks to a prize for excellence in soft skills awarded to him by Microsoft and Indira Gandhi National ...
Banks tread cautiously on floating rate deposits
Banks are unlikely to rush to launch copy-cat versions of State Bank of India's recently announced floating rate term deposit ...
Tata Steel to invest Rs 1,000 cr in Orissa plants
Tata Steel proposes to invest Rs 1,000 crore to establish two units in the Gopalpur Industrial Park being developed by it in Ganjam district ...
Cabinet clears Bill to raise MPs' salary 3-fold
The Union Cabinet on Friday cleared the deck for a three-fold increase in the salaries of Members of Parliament (MPs) but faced flak from some dissatisfied Parliamentarians who stalled the Lok Sabha proceedings seeking a ...
Dividend-stripping transactions, a sham?
Chief Justice Kapadia of the Supreme Court has delivered a remarkable judgment analysing the concept of tax avoidance in dividend-stripping transactions. The court examined the impact of various sections in the Income-Tax Act, 1961 in arriving ...
Iniquitous tax regime for equity funds
Section 10(38) of the Income-Tax Act, 1961 distinctly favours investments in close-ended funds by conferring exemption from tax on transfer of long-term units of equity-oriented funds through a recognised stock exchange in India. This is of ...
Defence refuses to vacate spectrum for CDMA players
At loggerheads with DoT over the issue. CDMA-based mobile operators will have to wait longer to get additional spectrum for third generation (3G) services as the Defence forces have rejected to release air waves in the 1900 Mhz ...
Inflation: God, give us enlightenment
But what's so bad about it? Or, what's so good about zero inflation? (Economists of all hues, it seems, draw the line at deflation, i.e., ...
N-E monsoon also may benefit from La Nina
International Research Institute (IRI) at Columbia University sees 96 per cent chance of La Nina conditions persisting through August to October ...
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