The Hindu Business Line : Saturday, November 22, 2003

Irrigate the euphoria
INDIAN AGRICULTURE, IN general, and the farmer, in particular, have not had it so good in a long while — higher production, satisfactory quality, remunerative prices and robust demand. After four years of fluctuating output and depressed ... More

ECONOMY

Wake-up call for W. Bengal
EVER SINCE Mr Buddhadeb Bhattacharjee became Chief Minister of West Bengal a couple of years ago, strenuous efforts have been made by his Government to put the State back on the map of an economically resurgent India. ... More

Press Note 18 must be scrapped
FINALLY, a voice within the Government has taken on the protection-seeking sections of industry by suggesting that the controversial Press Note 18 — a five year-old retrograde policy — be crumpled, crushed ... More

TAXATION

Delay is double whammy
The law on delay as a defence in prosecution cases is hazy, says T. C. A. Ramanujam More

An appreciation of depreciation litigation
R. Anand on the controversies in interpreting `block of assets' for tax purposes More

Less taxing for the High Courts?
Mohan R. Lavi questions the need for creation of the National Tax Tribunal More

Payments `from self to self'
K. Srinivasan on whether waived trade liability constitutes taxable income More

Vanishing into thin air
S. Murlidharan on why frequent flier points accruing to businesses and used for personal benefit should be brought within the tax net More

ECONOMICS

Economists driving Rolls-Royces are wearing chauffeurs' caps
ONE CAN endure a dull seminar if there is the carrot of a dinner at the end, just as journos on a junket bear with the sponsor's briefings ad nauseam. Bitter medicine is all right if sugar-coated; and a ... More

RBI & OTHER CENTRAL BANKS

Report on Trend and Progress of Banking in India (2002-03) — The system is on a roll
Despite all the scams in the financial sector, the latest Report on Trend and Progress of Banking in India brings the tidings that the system is in good shape. There are, of course, bad patches, as in the case of urban cooperative banks and ot her financial institutions. But commercial banks are at the heart of the financial system, accounting for nearly 90 per cent of the total assets, says A. Seshan. More

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