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Business Advisor - January 10, 2013 - Contents

Business Advisor - January 10, 2013 - Contents

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Business Advisor

(Fortnightly inputs for professionals and executives) Volume II Part 1 January 10, 2013

Volume II Part 1 January 10, 2013

1

Business Advisor

Contents
Why are Indian high-income persons miserly in paying taxes? - T. N. Pandey Uniform fiscal year facilitates peer comparison - Dr S. Chandrasekaran RBI autonomy - Bimbadhar Mishra Confusion in exemption to education services - Dr Sanjiv Agarwal Globally, governance leaves much to be desired - Dr B. Yerram Raju Bank merger: Solution or a new problem? - R. Venkatakrishnan FEMA provisions for non-residents - G. Karthikeyan Interview: Agri commodities - Vedika Narvekar Technical outlook - Anuj Gupta Year-end observations Amit Talwar, Parko Commerce Brotin Banerjee, Tata Housing Debasis Chatterji, Netxcell Dr BVR Mohan Reddy, Infotech Enterprises Kanesan Veluppillai, Scomi Group Berhad Manish Mehta, IndiaHomes Mukund Kamat, Kohinoor Group Raj Sharma, Best Property Deals Rajnish Kumar, Fullerton Securities Ramesh Loganathan, Progress Software Sharad Mehra, Pearl Academy Shwetank Singh, Premier Inn Suman Reddy, Pegasystems Worldwide Tarun Anand, Universal Business School Tony Mira, Ajuba Solutions V. Laxmikanth, Broadridge Financial Solutions Vijender Singh, Pantel Technologies Vinodh Sharma, The Pasta Bar Veneto Case laws update - V. K. Subramani (Cover image: Cloth bag, Sundaram Finance) Disclaimer: "Management and editors do not necessarily agree with the views of the authors in their articles and of the readers in their letters, and of the query editors in their replies. The editors, authors and / or publishers shall not be responsible for any kind of result generated out of any action taken on the basis of suggestions, etc., made in any of the write ups, interviews contained in any part of the magazine or for any error, omission, commission to any person, whether subscriber or otherwise. The copyright of all the materials printed herein including articles, queries and replies etc., rests with the publishers".
Volume II Part 1 January 10, 2013 2 Business Advisor

List of contributors to this issue
T. N. Pandey, Former Chairman, Central Board of Direct Taxes, Noida Dr S. Chandrasekaran, Chandrasekaran Associates, Delhi Bimbadhar Mishra, Andhra Bank, Hyderabad Dr Sanjiv Agarwal, Agarwal Sanjiv & Company, Jaipur Dr B. Yerram Raju, Regional Director, PRMIA, Hyderabad R. Venkatakrishnan, Director, Value Added Corporate Services G. Karthikeyan, Chartered Accountant, Coimbatore Vedika Narvekar, Sr Research Analyst-Agri commodities, Angel Broking Anuj Gupta, Sr Technical Analyst, Angel Broking Amit Talwar, Parko Commerce Brotin Banerjee, Tata Housing Debasis Chatterji, Netxcell Dr BVR Mohan Reddy, Infotech Enterprises Kanesan Veluppillai, Scomi Group Berhad Manish Mehta, IndiaHomes Mukund Kamat, Kohinoor Group Raj Sharma, Best Property Deals Rajnish Kumar, Fullerton Securities Ramesh Loganathan, Progress Software Sharad Mehra, Pearl Academy Shwetank Singh, Premier Inn Suman Reddy, Pegasystems Worldwide Tarun Anand, Universal Business School Tony Mira, Ajuba Solutions V. Laxmikanth, Broadridge Financial Solutions Vijender Singh, Pantel Technologies Vinodh Sharma, The Pasta Bar Veneto V. K. Subramani, Chartered Accountant, Erode
Volume II Part 1 January 10, 2013 3 Business Advisor

Business Advisor
On finance, accounting, controls, risk management, taxation, and more…

Published by: Shrinikethan, Chennai http://bit.ly/ShriMap Edited by: D. Murali http://bit.ly/dMurali http://bit.ly/TopTalk January 10, 2013 Volume II Part 1 January 10, 2013 4 Business Advisor

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