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Saturday, February 16, 2008
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OPINION

EDITORIAL
Dearer fuel
The policy of making upstream oil producers part with some of their profits and the Government absorbing the balance of the deficit through tax cuts and non-cash grants to oil companies cannot be faulted. More

COURTS/LEGAL ISSUES
Softening of penal provisions
More

ECONOMY
How real is the spectre of rising Chinese inflation?
The threat of China exporting inflation has worried many in the US, given its heavy reliance on Chinese goods. Some say it is due to the rising yuan and weakening dollar, others point at the rising input costs in China. Though there could be some pai n for US consumers for now, the long-term impact is likely to be marginal, says K. SUBRAMANIAN. More

PETROLEUM
No postponing hard decisions
More

TAXATION
Corporate optimism
As the countdown to Budget 2008 begins, the expectations of the corporate sector are high. The optimism has been spurred by, among other factors, robust GDP growth, increased tax collections, capital market buoyancy, and rising FDI inflows and ... More

Needed, some overhauling on the services front
With elections due next year and given the current healthy economic environment, the general expectation is that Budget 2008-09 will be liberal one. Buoyant tax collections, both direct and indirect, add to the optimism. If the current tax ... More

INCOME TAX
For a more equitable tax regime
With Budget 2008 less than a fortnight away, there are suggestions galore for improving the tax administration, widening the tax base and giving more relief to taxpayers. Taxing agricultural income has always been a sore point, with policymakers ... More

Holistic rationalisation of indirect taxes needed
In relation to excise duty, all major players in the industry have advocated a reduction in the current rate of 16 per cent to 14 per cent. More

LETTERS

  • Petrol price hike




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