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Friday, September 17, 1999

FDI in tele-services
The government's decision to clear 100% foreign investment in online services shows that it is keenly aware of the employment generating potential of these services for the country.

Does `individual' include Karta of HUF?
A bench of 5 judges of Supreme Court had to consider and decide in I.Tax Comm. Ludhiana vs. Om Prakash 1999 AIR SCW2699 whether a term "individual" under sec.64 of Income/tax Act 1961 includes Karta of Hindu Undivided Family.

PIB's stand on fertiliser projects is short-sighted
In a recent meeting, PIB has suggested re-consideration of four projects viz., RCF-Thal III, KRIBHCO-Hazira III, IFFCO-Nellore and KRIBHCO, Gorakhpur earlier approved by CCEA.


Corporate Results


  The Index
  Rolling uphill
  Public servants must declare their assets



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