Financial Daily from THE HINDU group of publications
Saturday, May 22, 2004

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The foreign policy challenges ahead
The new government that takes office faces a tough foreign policy call, with the peace process with Pakistan and relations with China poised crucially, and a critical crude oil situation that may need proactive responses, apart from balancing positi ons vis--vis the US and Iraq. Needed is sobriety in foreign policy, says G. Parthasarathy. More

Farm sector needs focus
ELATED BY THE unexpected success of his party at the hustings, but weighed down by the rhetoric of Left parties with whose support the new government at the Centre is being formed, the Prime Minister-designate Dr Manmohan Singh, champion of ... More

Plans to share and save
T. C. A. Ramanujam on ways to save capital gains tax on sale of shares More

Trouble in the `park'
Mohan R. Lavi on the tax imbroglio affecting units in technology parks More

Continuing worries of consulting engineers
IN THE realm of service taxation, consulting engineers have been the target of successive Budgets. They were roped in 1997, after telephone, stockbroking, general insurance, advertising , courier and radio paging ... More

Never laid to rest
How far back can the Department go in digging up assessments, asks S. Murlidharan More

Cost accountant's mouldy certificate
THE Mumbai CESTAT ruling in the Supreme Industries case is not something that cost accountants would be happy reading. The company, a manufacturer of plastic articles, used moulds supplied by various parties. When the ... More

Theoretical lattice of Monetary Policy
While the monetary policy statement continues with the existing `stance ` of policy, it does little to highlight and establish the criticality of bank credit in meeting the demand for funds for capital formation. The need of the hour, therefore, is t o focus on rate variables rather than the credit availability issue. More

When law is very costly, slow, corrupt, weak or simply absent
PEOPLE who vote for a different government, that too not decisively, usually bargain for days of limbo when almost nothing happens, except flash news and tickers, wild guesses and mild progress. Elsewhere, in a land ... More

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