The Hindu Business Line : Tuesday, March 08, 2005

For fiscal rectitude
THE RECOMMENDATIONS OF the Twelfth Finance Commission (TFC) come at a crucial time when the finances of the State governments are manifestly in dire straits because of sluggish non-tax revenues, committed non-developmental expenditure and meagre ... More

BUDGET

Budget: On the soft trial
The Finance Minister seems to have decided, at least for now, to allow "software export" firms to stay in the business of money laundering by leaving them alone, presumably because he isaware thatsoftware by naturedoes not necessarily leave trailsfor tax collectors. More

ECONOMY

Budget 2005-06: Stage-managed humaneness
Budget 2005-06, it is claimed, has substantially increased allocations for growth and human development, even while continuing with tax reform and ensuring fiscal prudence. C. P. Chandrasekhar and Jayati Ghosh examine the evolution of the tax, expenditure and deficit financing regime to assess the claim. More

POLITICS

Battle ground Parliament
That a huge amount of money is being spent to run a single day of Parliament may have pricked the conscience of some in the beginning. Today, it is doubtful if it troubles the scruples of members any more. More

EDUCATION

Case of, and for, private universities
The Supreme Court declaring over a hundred `universities' in Chattisgarh null and void has brought into focus the mockery being made of the rules and guidelines of the University Grants Commission. While this gladdens the hearts of academics yearning for world-class standards in Indian universities, it also raises questions that go beyond the public-private debate to taking a closer look at what the UGC has really achieved, says Bhanoji Rao. More

PIRACY

Copycats, beware the doghouse
THE tide is turning against counterfeiters and infringers. Until now they were undeterred, given the inability of genuine branded product manufacturers to cause them financial damage, and the slow judicial redress. All ... More

LETTERS

A blow to senior citizens

Transaction tax

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Budget 2005-06: Stage-managed humaneness

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