The Hindu : Business News : Monday, April 05, 2010

Online edition of India's National Newspaper Monday, April 05, 2010 ePaper \| Mobile/PDA Version

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FINANCIAL SCENE

Heartening rebound in world trade
All international organisations expect the developing economies to be in the forefront of global economic recovery

Veiled protectionism?
A recent report commissioned by the WTO, the Organisation for Economic Co-operation and Development, and the United Nations Conference on Trade and Development has found fewer instances of protectionism, at least in the recovery ...

Demand-driven inflation is waiting at the door-step
Inflationary pressures intensified beyond its baseline projection

Record wheat crop revives hopes on the food front
The trends in world commodity markets have also been favourable for importing countries

TAX FORUM: QUESTIONS & ANSWERS

Non-monetary benefits, whether liable for tax deduction at source
In view of the restoration of liability on perquisites on the employees as a consequence of dropping Fringe Benefits Tax (FBT), there is an unexpected liability for the employees because of delayed tax deduction partly due to delay in the ...

TAX FORUM: QUESTIONS & ANSWERS
Re-assessment notices in non-scrutiny cases can be valid
The Income-tax Department these days issues more reassessment notices than regular notices for scrutiny. After an assessment under Sec. 143(1) accepting the return, notice under Sec. 148 is being received for the first time after the normal ...

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