Financial Daily from THE HINDU group of publications
Saturday, August 20, 2005
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OPINION

EDITORIAL


Trading with China
A REVOLUTION OF sorts is happening in the Sino-Indian economic relationship, with bilateral trade set to cross $19 billion by December, far ahead of the 2008 target of $20 billion. In just the first four months of 2005, trade reached $6.3 billion ... More

COURTS/LEGAL ISSUES


Illegality and irregularity — The quintessential difference
The two expressions are to be distinguished on the touchstone of curability. While "illegality" goes against the very rule of law or jurisdiction, and cannot be condoned, "irregularity" is merely procedural and can be complied with subsequently witho ut affecting the merits of a case. Thus "irregularity" must be construed somewhat liberally. More

POLITICS


A matter of credibility
ON THURSDAY, the US Ambassador, Mr David Mulford, told an audience in Kolkata that "Buddhadeb Bhattacharjee should serve as a role model for other Left leaders on how to attract investments." In particular, he felt ... More

TAXATION


Expanding the scope of TDS
T. C. A. Ramanujam discusses the changes proposed in the Taxation Laws (Amendment) Bill, 2005 with respect to the TDS regime More

FBT merits further study
WHY is India Inc viewing fringe benefit tax (FBT) with suspicion? It is claimed that FBT was introduced because tax authorities were unable to identify group benefits enjoyed by employees in the private sector. FBT, in its current dispensation, ... More

Iniquitous shopping
S. K. Jha on tax treaty misuse cited in a CAG report More

No hollow shell
Mohan R. Lavi takes stock of the India-Singapore DTAA More

When tissue was the issue
THE issue before the apex court in a recently decided excise case was tissue, and the company in focus was S. R. Tissues P Ltd. "If you have the material it will form itself as a kind of connective tissue," said James McBride, but that's a ... More

IPR


Protection of IPRs — No guarantee for sustainable development
Quoting instances from Philippe Cullet's Intellectual Property Protection and Sustainable Development, D. Murali explains why it is essential for developing countries to protect traditional knowledge through legal means "in a world wher e everything is increasingly being commodified". More


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