OPINION
EDITORIAL
End the NRI largesse
WITH DOMESTIC INTEREST rates out of alignment with international trends, arbitrage opportunities continue to exist, making various deposit schemes for non-resident Indians attractive. Tag on the tax benefits and the exchange rate protection, and ...
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ECONOMY
Disinvestment and FDI Lessons from China for India's Left
IT IS ironical that while the largest communist nation, China, is using privatisation and foreign direct investment (FDI) to steer its economy, the Left parties in India claim these as counter-productive, benefiting ...
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Critical two months ahead
The economic thinking of the new government will be revealed with the presentation of the Budget. The draft CMP not only indicates a continuation of subsidies and a shift in the divestment policy, but also promises to raise expenditure on agriculture , infrastructure, and the social sectors. All this and the rising oil prices could complicate the fiscal issue, says A. Vasudevan.
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ACCOUNTANCY
The impair preparation in short
S. Ramanujam summarises the salient features of AS 28 on impairment
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Irrelevance of CA for 7 out of 10 Indians
POLITICAL analysts almost agree that the CEO of a southern state lost his seat recently because his laptop lacked the agri-byte. Thus, if the latest election results are any indication that agriculture has more say in ...
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New norms for new names
Companies that want a name-change have newer conditions to fulfil, says Mohan R. Lavi
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There are secretaries in the waiting room
R. Balasubramaniam and N. R. Sridharan trace the evolution of the company secretary profession
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Cracks in the roof over shelters
WHEN a Big Four firm gets into trouble, it makes big news. Thus, when Federal prosecutors in Manhattan began "a criminal investigation into Ernst & Young LLP's promotion of tax shelters", AccountingWeb duly ...
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BOOKS
Arthur Andersen: A case of suicide, not murder
ACCOUNTANTS are returning to their homes too late these nights, and working over weekends too. Because this is the time to draw final accounts and financial statements, pass lengthy journal vouchers and generally square ...
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LETTERS
Risk management
No word on EPF interest rate
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