OPINION
EDITORIAL
Tightening the screw
The signal the CRR hike sends could perversely hasten the unravelling of the growth story.
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ECONOMY
Paying the price for ignoring the real economy
Today’s high prices of food around the world are the result of the continued failure of large, populous economies such as India and China to reach food self-sufficiency or even near self-sufficiency. In India, successive governments since 1991 have ignored the real economy that is agriculture and pushed it to the background. The country is now paying a heavy price for this, says G. CHANDRASHEKHAR.
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TAXATION
Summary assessment back after sanitisation
The summary assessment or prima facie adjustment scheme in vogue for almost a decade from 1989 to 1999 was not intrinsically a bad dispensation compelling as it did the assessing officers to apply their minds while disposing of the ...
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Defer taxing commodity transactions
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INCOME TAX
On a firm paying interest to its partner
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Accounting for uncertainties in income-tax
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Apportionment of expenses to exempt income
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LETTERS
Inflation
CRR hike
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