OPINION
EDITORIAL
Whose interest?
THE DECISION OF the trustees of the Provident Fund Organisation to scale down the interest payable on member accumulations to 8.5 per cent should occasion no surprise. Their postponing a decision on the question for more than three months well ...
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ACCOUNTANCY
What price truth if it does not hiss?
CLAUSE 56 of the Finance (No. 2) Bill, 2004 has been robbing accountants of sleep for the last about a month. It introduces a new Section 277A, to be plugged into tax law with effect from October 1, 2004, that is, a day ...
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What a leaner law means
Mohan R. Lavi on the Concept Paper proposing changes to the Companies Act
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SOCIAL WELFARE
Rather than reservation in private sector
Make them entrepreneurs instead
The Government's focus should be on making entrepreneurs out of large segments of civil society, especially those belonging to Scheduled Castes/Tribes or Other Backward Classes, rather than providing limited job opportunities in listed companies. Th is will go along way in enhancing the economic and social status of these segments, says R. Vaidyanathan.
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HUMAN RESOURCES
Time's up
RAMESH Sawant is employed in the Mumbai Mint. Day in and day out, he is to peer closely for hours together at those freshly minted coins that pass by him and pick out those which are deformed, defaced or distorted. ...
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SECURITY
Defence spending and related issues — II: Stale paradigm, straddling structure
Defence management, should involve all organs of public opinion and all stakeholders in the polity, including the academia, media, civil society and representative bodies. And given the ground realities vis-à-vis threats, both external and from withi n, it is time to move away from the traditional security paradigm in resolving outstanding issues with our neighbours.
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BOOKS
To win is to put rules back into the game
WITH a great game coming up soon in Athens, here is Dick Pound with his book, Inside the Olympics, from Wiley (www.wiley.com). It promises `a behind-the-scenes look at the polities, the scandals, ...
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Add to your anti-fraud armour
FRAUD is a demon that never dies. So, here is one more anti-fraud guide, this time from Ernst & Young. "Fear of fraud should force every board director to take responsibility for their companies' defences and ensure ..
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LETTERS
Media glare
EPF rate
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