COLUMNS
OFFHAND
Private sector smugness
OFF and on, observers of the Indian corporate scene come up with disturbing comments on the cursory nature of checks and controls exercised over private sector firms. Apparently, for all the talk of subjecting private ...
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WIDE CANVAS
Mixed bag of a Union Budget
The Finance Minister pointed to "seven clear economic objectives" of the Government's National Common Minimum Programme. It is within this broad framework that the Budget has been drawn up.
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A RINGSIDE VIEW
Hope and caution - the buzzwords
Thanks to the Government's prompt and flexible response, it appears that transaction tax crisis may be resolved soon treading a middle path. However, the Left's opposition to greater FDI may not wither away soon.
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MUTUAL CONFIDENCE
Post Budget — MFs lose comparative advantage?
AS you read this on Monday morning, you have probably already factored in the Budget and the various provisions related to taxation. You have also probably started working out those little mental sums, the ones that would form the very basis of ...
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ADR WATCH
Infy, Satyam slip
THANKS to strong performance by General Electric co, the US market recovered from its six-week low levels last Friday, but that was enough for the benchmarks to end last week in positive territory. The S&P-500 declined 1.1 per cent last week, ...
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VISION 2020
Crime and punishment
The Dhananjay Chatterji case has opened up a debate on the issue of capital punishment. A just economic order, where common property outweighs private ones, would virtually eliminate criminal tendencies as it does among the Bushmen of Africa. As Aris totle has said, a society decays when the idea of the family decays. Thus, it is probable that a society that guarantees good family values is still the best protection, says P. V. Indiresan.
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RANDOM WALK
Banking on remittances
THE Union Budget has brought little cheer for Kerala. The main grouse is the proposal to impose a tax on interests earned from NRI deposits. Non-resident deposits have long dominated inflows into Kerala banks. The share of non-resident ...
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MARK TO MARKET
A tax that can be unsettling
THE proposal to introduce a turnover tax has created a minor pandemonium in the market. Investors and traders are used to paying tax on profits, not on turnover. The Finance Minister's decision to impose such a tax is, ...
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