India is facing deflationary conditions and that changes the paradigms for both lenders and borrowers. Neither India Inc nor the government has much idea how to deal with them, rues Devangshu Datta......
Besides making the reforms acceptable, it will make politically difficult changes feasible, writes M Govinda Rao.The revised paper on Direct Taxes Code (DTC) put out by the finance ministry has......
The new Direct Taxes Code has been put in the public domain and will most likely be up for debate in the monsoon session of Parliament. There are three major components to the code - personal......
Union Finance Minister Pranab Mukherjee marginally raised the Income Tax exemption limit, abolished Fringe Benefit Tax and Commodity Transaction Tax and announced some schemes to benefit the aam......
An important policy issue is whether the increase in the revenue productivity of personal income tax since 1991-92 was due to the reduction in the marginal tax rate or simply due to administrative......
Ashton Kutcher scored the first big hit of his young career with The Butterfly Effect over the weekend, as the suspense film earned a decent $17 million in three days. The 25-year-old actor, who......
After reigning for three weeks, the third instalment in the J R R Tolkien saga seems to have been finally swallowed by Big Fish, a quirky film about a dying man with fabulous imagination and his......