The Hindu Business Line : Saturday, October 18, 2003

Let funds flow free
THE GOVERNMENT HAS reiterated that it is in the public interest to continue with the policy of regulating large-ticket external commercial borrowings by the corporate sector. This follows the decision of a high-level committee of the Finance ... More

AGRICULTURE

Comparative advantage theory fails agriculture
The mechanics of farm price determination and the technological limits to deployment of capital in agriculture give the lie to the theory that free trade will benefit the poor farmers. The only way to secure higher incomes for the large number of peo ple in the rural areas is to move them from agriculture into manufacturing and services. More

FOREIGN TRADE

Asean: New power on the bloc
Traditionally a supporter of multilateral trade negotiations, India has finally woken up to the importance of being in an influential trade bloc. The entry of India and China into the Asean would make the region one of the strongest and most influent ial, say Geethanjali Nataraj and Pravakar Sahoo. More

TAXATION

Divided on religious lines
Why not a uniform tax code, asks T. C. A. Ramanujam More

Non-exec directors can breathe easy
Who is accountable for remitting TDS? R. Anand discusses a recent case More

Underwriting for the `complete man'
Mohan R. Lavi discusses a recent case on the scope of fees for technical services More

The new `buyer' hardsell
The new definition of `buyer' in Section 206 C can cause hardship to businessmen, says T. N. Pandey More

BEYOND BORDERS
The Net tax yo-yo
SIGNIFICANT differences in tax policy between the US and the European Union have emerged, with the implementation of an EU directive imposing tax on online transactions. Meanwhile, the US is adamant that the Internet ... More

TRENDS

Mosaic of Life
THE other day, just one day's newspaper headlines held up Life's mosaic in a way that gave the discerning mind a full complement of the inherent richness of Existence, which can mean so many things to so many ... More

BOOKS

Why worry about cat's colour when it catches mice?
SECURE employment, progressive politics, or peaceful retirement could have been realities once, but now they often appear to be chimera. On the contrary, who would have thought that China could morph from its ... More

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