Is Harmful Corporate Research Ever Justified?

The In the case of the diesel fume tests, the most pressing question is whether exposing monkeys and humans to harm can be justified against the benefits of the research. When administering substances known to be dangerous, the potential benefits would have to be significant in order justify such exposure. This can happen, for example, in cases where the research is therapeutic. Exposing volunteers to newly developed drugs that might…

February 1, 2018
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Dawid Malan is 30 and an international novice but one day might he captain England?

1:17 PM ET Dawid Malan did not break into England’s Test side until shortly after his 30th birthday, but what odds that one day – even if just fleetingly – he might captain England? That thought might have crossed the mind of more than a few people when Middlesex announced that he had been appointed as their new club captain. The need to find Joe Root occasional rest periods will…

February 1, 2018
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Iceberg Tax: Impact on LTCG will be more than 10 per cent

By Dhirendra Kumar From a personal savings and investment perspective, the restoration of long-term capital gains tax on equity income is a huge change. From February 1 onwards, selling stocks or equity mutual funds that you have held for the long term will mean paying taxes on gains accrued since the market closing of January 31. If, in a year, you realise more than Rs 1 lakh of such gains,…

February 1, 2018
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Iceberg Tax: Impact on LTCG will be more than 10 per cent

By Dhirendra Kumar From a personal savings and investment perspective, the restoration of long-term capital gains tax on equity income is a huge change. From February 1 onwards, selling stocks or equity mutual funds that you have held for the long term will mean paying taxes on gains accrued since the market closing of January 31. If, in a year, you realise more than Rs 1 lakh of such gains,…

February 1, 2018
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Investors can lower LTCG hit by churning portfolio

By Narendra Nathan MUMBAI: One of the stock market’s biggest fears – the re-introduction of tax on long-term capital gains (LTCG) from equities – came true in this budget. However, the unexpected shocker was that the government did not withdraw the securities transaction tax (STT), which was introduced as an alternative to LTCG tax. “The real disappointment was the continuation of STT along with LTCG tax. Logically, only one should…

February 1, 2018
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Investors can lower LTCG hit by churning portfolio

By Narendra Nathan MUMBAI: One of the stock market’s biggest fears – the re-introduction of tax on long-term capital gains (LTCG) from equities – came true in this budget. However, the unexpected shocker was that the government did not withdraw the securities transaction tax (STT), which was introduced as an alternative to LTCG tax. “The real disappointment was the continuation of STT along with LTCG tax. Logically, only one should…

February 1, 2018
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Budget 2018: End of the road for dividend play by mutual fund houses

By Sanket Dhanorkar MUMBAI: The introduction of a 10% tax on income distributed by equity funds will pinch investors used to earning tax-free dividend. However, systematic withdrawal plans may be a suitable alternative. Many fund houses had pushed the dividend option of equity-oriented balanced funds to investors as a safe way of earning assured monthly income. This nudge to rely on dividend income put investors on the wrong path, experts…

February 1, 2018
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Follow live: Rockets vs. Spurs in Texas showdown

Pop on Rasual Butler: “He was a wonderful teammate for everybody. He was a good person in every way. He was always upbeat, always ready to do whatever we asked. Just a wonderful guy. Just another lesson in how short life can be, and how important it is to enjoy each other, and hope that you can be fortunate enough not to get into a situation where danger can pop…

February 1, 2018
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E-assessment of a taxpayer to be handled by two officers: CBDT

NEW DELHI: In a departure from the age-old procedure, the Central Board of Direct Taxes (CBDT) has stipulated that the ambitious e-assessment of a taxpayer will henceforth be handled by two officers, instead of the current system involving a single assessing officer (AO). CBDT Chairman Sushil Chandra told PTI that the final contours of a pan-India rollout of the scheme were being framed and that it would be launched shortly….

February 1, 2018
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