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Saturday, December 11, 2004

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OPINION

EDITORIAL
Caution on commodity MFs
COMMODITY DERIVATIVES ARE the flavour of the season, with much hype about the high returns from trading in commodity futures. Driven mainly by the nationwide online multi-commodity exchanges, in the last 12 months volumes in the futures section ... More

AGRICULTURE
Focus on agriculture
THE LATEST World Employment Report (WER) brought out by the International Labour Office in Geneva has a chapter "Why Agriculture Matters", where it is argued that without growth in agriculture in developing countries ... More

TAXATION
Agriculture is no holy cow
T. N. Pandey on the dilemma of taxing the rural rich More

Unaided, uncharitable and unsettled
T. C. A. Ramanujam on a Gujarat High Court decision on the business of education More

Powering up the High-Power Committees
When the guidance laid down by settled cases is ignored by PSUs, litigation multiplies, says Mohan R. Lavi More

Where the ribbon got stuck in the old typewriter
WE HAVE long forgotten the old and faithful typewriters that had rollers to chug along and inked ribbons to give form to thoughts. To evoke your nostalgic memories, however, is the Kores India Ltd case that the apex ... More

Out in the cold
Should consumer durables be brought under the regime of MRP-based valuation, asks Joseph Prabakar More

INCOME TAX
Furore over attachment of assets
Courts stand between the executive and the subject, alert to see that discretionary power is not exceeded or misused. It is similar vigilance that has prompted a recent CBDT circular, laying down guidelines for officers who plan to exercise their pow ers of making provisional attachment of the assets of assesses from whom the recovery of tax is difficult, says H. P. Ranina, describing the basis for the circular. More

BOOKS
Let them have their exits and their entrances
A Mother Goose rhyme reads: "Jerry Hall, he was so small, a rat could eat him, hat and all." True, small may be beautiful, but to be small and yet survive is tough, not only for Hall but also more than half of ... More




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