The Hindu Business Line : Saturday, September 18, 2004

EDITORIAL
Engine of opportunity
SHOULD THE GOVERNMENT allow Suzuki Motor to float a venture for its foray into manufacture of diesel engines and additional assembly facilities for car-making when it already has a profitable venture going in the form of Maruti Udyog with a ... More

POLITICS
Much ado about the `foreign hand'
THERE is an element of high tragedy involved in the entire controversy about the Planning Commission being contaminated by the presence of consultants from the World Bank, the Asian Development Bank, and other foreign ... More

TAXATION
Taxman was in a huff till the fag end, but his dreams went in a puff
THE cigarette company case, ITC Ltd vs Commissioner of Central Excise, recently created a flutter at the apex court. The dispute before Justices Ruma Pal and P. Venkatarama Reddi of the Supreme Court was about ... More

Amendments that do not wash well
T. C. A. Ramanujam on the measures against dividend stripping More

Shedding of a stigma
Speculation is no longer seen as a dirty word in tax reforms, says R. Anand More

National Tax Tribunal — Importance of judicial composition
In view of the large backlog of cases the National Tax Tribunal needs to be set up quickly. The Government decision to set up as many NTT Benches as there are High Courts is also welcome. The new set-up will be very effective in collecting revenues s o long as the supremacy of the judicial process is maintained — that is, the Bench comprises only judicial members and the procedure for hearing as obtaining in High Courts is followed, says H. P. Ranina. More

BOOKS
The invisible hand of market is still groping
CRICKET is too serious a game to be left in the hands of umpires and players, so we have TV channels, lawyers, and so on actively involved. Similarly, we know that markets are not so wise that we could allow "the ... More

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