Fwd: Today's Exclusives - Taxing software & satellite channel income of the years when there was no satellite and hardly any software exported!

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From: Moneylife <noreply@moneylife.in>
Date: Mon, Mar 19, 2012 at 7:47 PM
Subject: Today's Exclusives - Taxing software & satellite channel income of the years when there was no satellite and hardly any software exported!
To: palashbiswaskl@gmail.com

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19 March 2012   Moneylife Exclusive Taxing software & satellite channel income of the years when there was no satellite and hardly any software exported! Moneylife Digital Team In its zeal to make everyone a tax evader, an imperious UPA government has made a ridiculous amendment to the Income Tax law with retrospective effect...   Other ML Exclusives   Former power secretary EAS Sarma flays budget proposal to scrap customs duty on imported coal EAS Sarma, former power and finance secretary in his letter to the prime minister accuses significant concessions being given to power companies at the expense of consumers... .................................................................................................................................................... Daily Market Report: Share prices may head lower Nifty may find its first support at 5,175 and then at 5,115. A close above any previous day's high is needed for a change of trend... .................................................................................................................................................... Mis-selling: How savers are misled Goldman Sachs whistleblower's tale should also draw attention to Indian practices which are no different... .................................................................................................................................................... Iran-Iraq War: Seizing business opportunities in Kuwait The Iran-Iraq war, which lasted from September 1980 to August 1988, provided great business opportunities in Kuwait. There was no dearth of items and they had the leeway to even supply 5% to 7% more than the indented quantity. This is the ninth part of the series describing the unknown triumphs and travails of doing international business in Asia in the seventies and eighties... .................................................................................................................................................... Fortnightly Market View: Braving the negatives Will the optimism of FIIs prove foolish? .................................................................................................................................................... Aviation ministry denies receiving Praful Patel's letter seeking a probe in Air India's 'irregularity' Despite statements of both Mr Patel and the present aviation minister Ajit Singh being shown prominently on various TV channels, the ministry informed RTI activist Subhash Aggrawal that "no information is available"... .................................................................................................................................................... Budget 2012: Glass Half Full or Half Empty? While the intent of the finance minister may be to boost the revenues so that he can have funds to spend on the social sector, the big question is what will be the impact on the consumers' pockets? .................................................................................................................................................... Powai residents shocked as tahsildar asks them to pay Rs3.36 lakh as non-agricultural tax in 48 hours As the financial year end comes to an end, several authorities have woken up and have started issuing letters and warrants to collect taxes, which the taxpayer has to pay within hours... .................................................................................................................................................... Foreclosure procedures and global housing markets What is true for the US is true for countries. While countries like Canada and Spain might be able to deal with a housing price collapse in a few years, a housing collapse in India and Brazil might take decades to clear. In China with few laws at all, the impact could be devastating and long lasting... .................................................................................................................................................... New equity mutual fund offers hit a 9-year low In the last 12 months nine new equity fund offers (NFOs) have been launched. This is the lowest for any 12-month period since March 2003... .................................................................................................................................................... Fighting for women's rights in Goa Lawyer and human right activist from Goa, advocate Albertina Almeida, was recently honoured by Moneylife Foundation for her work at the recently held financial literacy seminar the state. She speaks to Alekh Angre about her work and issues women face in Goa... ....................................................................................................................................................   Personal finance today - Bond yields set to harden on higher govt borrowing plan - Pension reforms to be long-term saving, security: Survey   At a Glance   - Budget may weaken govt's credit profile: Moody's - Service tax exemption to leave advertisers with surplus funds - iGATE Patni bets on product engineering biz to rake in more revenue - Retail inflation for February at 8.83% - RIL's gas output hits all-time low; shuts 6 wells   Corporate Wrap-up   - Elder Pharma, Combe tie up for hygiene products - Parekh Aluminex acquires American Foils - McNally Bharat wins 2 orders from Visa Power - Tata Motors hikes passenger vehicle prices by up to Rs35,000     FROM the ARCHIVES   Retrospective amendment to taxation: Will foreign investors be scared off? The ease with which the ruling of the Supreme Court has been upturned, and the fact that the DTAAs are to give way to the long arms of the I-T Act stretching back to 16 years, would make any foreign investor think thrice before investing in India... ...................................................................................................................................................... Union Budget 2012: No clear cut roadmap At a unique, analytical and highly interactive session attended by over a 100 people at Moneylife Foundation, the general feeling was it was a flat budget...   To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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