The Hindu Business Line : Saturday, June 30, 2007

TAXATION
Needed, innovative financing of infrastructure
To facilitate creation of urban infrastructure, the Government proposes to allow issue of tax-free bonds through State Pooled Finance Entities formed for raising funds for urban local bodies. More

BCCI’s sixer on service tax
The cash-rich Board of Control for Cricket in India (BCCI) has just become richer. It has just won a major service tax case. The litigation occurred about the sale of telecast right of cricket matches, permitting sponsors to use space for putting ... More

CAG’s audit of direct taxes: Drab and routine exercise
The past few years’ reports show that audit work is not taken seriously by the tax department and the CAG is unable to ensure compliance in respect of many of its decisions. More

The right of cross-examination
All the evidence collected by the Assessing Officer which is to be used against the assessee must be placed before the latter who must also be given an opportunity to rebut. More

Smile, no service tax on photo ID Detaxification
The photographer may always be at your service, but does that mean all photographic activity should come under the purview of service tax? In a case before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT)-Bangalore that asked this ... More

EXPORTS & IMPORTS
Exporting beyond the sops
Simply pacifying exporters with what they want — a weak rupee — is not the way to add new goods to the export basket. Realising that the RBI’s non-intervention in the currency market is deliberate policy, exporters must expand the b asket of goods and destinations while the Government must re-think the SEZ concept, says ASHOK UPADHYAY More

LETTERS

Employability

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Kesoram plans tyre unit in Uttarakhand

‘Don’t force textile sector to bear power subsidy burden’

Current account surplus at $2.56 b

Ease cement import norms, says Andhra Pradesh CM

RBI mulls creating ‘housing stat index’

Highway bidding process dogged by clearance delays

Rehabilitation package for tea gardens gets panel nod