Fwd: Today's Exclusives - Tax evasion: The farce continues

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From: Moneylife <noreply@moneylife.in>
Date: Tue, Jul 5, 2011 at 8:23 PM
Subject: Today's Exclusives - Tax evasion: The farce continues
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5 July 2011   Moneylife Exclusive Tax evasion: The farce continues Sucheta Dalal Who says the government wants to go after black money stashed abroad?     Exclusive Column     GNIIT: As boring as a classroom lecture Anil Thakraney This commercial is sure to put you to sleep, just as a lecture would by a very boring econometrics professor...       Other ML Exclusives   Middlemen reap benefits of rising food prices, not farmers According to Goldman Sachs, middlemen have become monopoly buyers of agricultural produce, allowing them to take advantage of any shortage in supply, or spurt in demand, but they will not pass on the benefits to farmers or consumers... ................................................................................................................................................ Daily Market Report: Upmove in share prices stalled The first support for the Nifty is at 5,600, followed by 5,500... ................................................................................................................................................ Maharashtra government rejects request to waive VAT on pacemaker, stents, AICDs State turns down doctor's petition to scrap 5% value-added tax on these life-saving items. Says these are used by the rich who can pay and cheaper versions are available for the poor... ................................................................................................................................................ Growth of currency in circulation slowest since August 2010, on economic slowdown Currency growth drops to 15.8% in June, from the peak of 21% in August last year... ................................................................................................................................................ Kajaria Ceramics: Tall tile Low value and high growth... ................................................................................................................................................ Domino's: Nice ad, but the promise is unsafe! An ode to the unsung, thankless delivery boy warms the heart. But there is a problem on the rash riding the Domino's boys have to do to deliver the pizza within the tight deadline... ................................................................................................................................................ BigAdda says goodbye to social networks; Bachchan blog to stay Finally, the website owned by the ADA group says that there is no potential for it in the youth networking business which is dominated by Facebook and other global players, and that its future lies in e-commerce rather than 'free' social networking services... ................................................................................................................................................ Personal finance today NSE launches Treasury Bill futures trading Post offices to introduce core banking solution by 2012 Mizoram signs MoU with National Insurance for implementation of RSBY DSP BlackRock MF unveils 6 months fixed maturity plan DSP BlackRock MF floats 12 months fixed maturity plan   At a Glance   - Direct subsidy: Poor to get cash through banks, ATMs - Cement prices down Rs10-Rs15 a bag; further cut likely next month - India Inc raises $2.65 billion in May through ECBs, FCCBs - Govt confident of finding solution to Iran oil payment stalemate - Govt will stick to fiscal deficit target: FM - Heat on tax havens: FDI from Mauritius, Cyprus drops   Corporate Wrap-up   - Varun Group discovers 10 blocks of ilmenite in Madagascar - Nirmal Lifestyle signs licensing deal with International Athletics Federations - Tata Teleservices introduces location-based services Moneylife Columns     Kudos to Delhi Municipal Corporation for facilitating online RTI applications Vinita Deshmukh What the external affairs ministry has been unable to achieve in terms of facilitating Indians abroad on RTI—to make online RTI applications and also pay the fees online—the Municipal Corporation of Delhi has successfully introduced this facility...     Renault Fluence: Injustice to a good brand Anil Thakraney What was required was some extremely tastefully done advertising, as if the car was a classic wine or a master writer's book. The promise of status is a given, the ad had to go many levels beyond that...       Face 2 Face   'The realty slowdown is already happening' Shobhit Agarwal, managing director, Protiviti Consulting India, says that there is little chance of a major correction happening in real estate prices. But various factors are affecting speculative demand which is where a slowdown is happening...   Editor's Pick   Chinese banks may need a bailout That's what these analysts are predicting. And Moody's is saying that China's local government debt may have been understated by $540 billion. ...................................................................................................................................................... Is the US Treasury market collapsing? According to this report, the five-year Treasury note has experienced the "biggest weekly percentage decrease" in the past 20 years. ...................................................................................................................................................... Will Nasdaq and LSE join hands? That's the buzz in the market. ...................................................................................................................................................... Microsoft & Baidu to boost search alliance But can they take on Google? ...................................................................................................................................................... Want to light up? Cough up more for cover At the Macy's department store chain, workers who admit to using tobacco will be surcharged $35 a month, or $420 a year, for health coverage. ...................................................................................................................................................... Cartoon of the week The Fed's printing machine is working overtime.   Book Review   Past is no future Debashis Basu "Expected Returns" is a brilliant contribution to the historical analysis of investment returns.   FROM the ARCHIVES   Compact Disc investors disappointed over delisting plan; bank serves recovery notice Stock bounces back today after losing 16% since 6th June. Market experts believe delisting plan a ploy to try and ramp up the stock price... ...................................................................................................................................................... Kiran Bedi: Lokpal Bill drafted by the government is like the Lokayukta; it is powerless Kiran Bedi, a member of Anna Hazare's team, explains the differences with the government over the Lokpal Bill, saying it is ineffective to deal with the problem...   FORTHCOMING EVENTS   How to use the Right to Information Act effectively Narayan Varma will talk on techniques and tips that can be effective in using the RTI Act, at a workshop at the Moneylife Knowledge Centre, on Tuesday, 12 July 2011. To register call Dione/Judith/Seraphina on (022) 2444 1058-60 or email us at mail@mlfoundation.in. For details click here... ...................................................................................................................................................   Investor, Empower Yourself, for the first time in Bengaluru on 16th July Moneylife Foundation is holding a day-long seminar, "Investor, Empower Yourself", in Bengaluru, on Saturday, 16 July 2011. Admission is free, To register, please click here for details or message us at mail@mlfoundation.in, or call Shanti Jagadeesh at 080-41556012 (Time: 10 am to 6pm, Monday to Friday)...   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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