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Tax buoyancy may allow FM to cut rates
A record tax collection in the current fiscal has given rise to the hope of a reduction in various taxes in the next budget. But Mr Chidambaram has a difficult choice to make, finds out Aditya Raj Das. |
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Lower tax rates will spur growth & investment
A modest cut in corporate tax is unlikely to result in revenue loss in the long-term. |
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NEW COMPETITION IN ONLINE AD MARKET
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Microsoft +Yahoo may shut Google out of display
Microsoft's $44.6 billion bid for Yahoo may slam another door in Google's so far unsuccessful attempt to expand beyond the four-line text advertisements that run alongside Internet search results. |
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| Market Notes |
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| Gold (Bangalore) (10gm) |
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11,899 |
| Silver (per kg) |
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22,800 |
| Gold (Mum)(10gm) |
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- |
| US dollar * |
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39.69 |
| Pound * |
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77.81 |
| Euro * |
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57.98 |
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| DH Forum |
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| IT's new challenge |
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Is the slowdown of the US economy going to adversely impact the IT sector in India? Is there a way the industry can still sustain its growth? We asked our readers for their opinion and suggestions.
Most agreed that IT companies were certainly going to feel the pinch, and added that it was the hiring policies of these companies that were to be blamed.
There were others who were optimistic and said all was not lost as business could be diverted to new territories. |
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