The Hindu Business Line : Saturday, June 09, 2007

EDITORIAL
Changing weather
The G-8 agreeing to consider cuts in greenhouse gas emissions is a starting point in the battle to arrest climate change. More

ECONOMY
Striking the right economic balance
One way the government can reduce inequalities is by implementing economic policies that lead to reduced consumption by the rich. More

US-China Strategic Economic Dialogue — `Working through the friction'
The second round of the US-China Strategic Economic Dialogue, held in Washington in May, proved that while the Chinese are very serious about resolving issues, Beijing will not yield to external pressure. K. SUBRAMANIAN on the complex relationship. More

TAXATION
Discovery of `innovation'
In tax cases `innovation' is rarely mentioned. However, innovative strategies of taxpayers, if forbidden by law, have penal consequences upon detection or discovery. Words and expressions in the statute book have great significance and they ... More

`Tax holiday provisions have not been free from controversies'
The fear of double deduction resulting when the supporting and exporting units are both allowed deduction is misplaced, because the sale consideration of the supporting unit would be the cost for the exporting unit. MR CHYTHANYA K . K., PARTNER, RAGHURAMAN & CHYTHANYA, BANGALORE. More

Royalty, knowhow fees and customs duty
The Toyota decision will be particularly useful for most joint venture companies More

An amendment redefining `India'
The amendment needs clarification in the light of provisions of international law. More

LETTERS

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Amtek lines up $125 m for buying US component firms

Retail players grapple with high attrition

Inflation rate dips as primary items turn cheaper

NTPC to pump Rs 6,000 cr into renewable energy

Ministry moots creation of leather parks

Barclaycard eyes partnerships for growth

Hind Terminals to invest Rs 600 cr on expansion

Looking back
May. 27-Jun. 2
Populist practices belong to the past

CSO'S data estimates in the economy — New light on savings and consumption

Undervaluing yuan will not help US' cause