The Hindu Business Line : Saturday, September 24, 2005

Long live, Gen Musharraf!
If Gen Pervez Musharraf can win applause from the US Secretary of State for the `good' he is doing to Pakistan, one can expect the US Administration to apply the same yardstick to every other dictator. But where does that leave the world and its demo cratic principles? More

EDITORIAL

Beware the gyrations
WITH THE STOCK market closing out the week on a flat note, thus arresting the fall of Thursday, investors have reason to look ahead with greater optimism. While in absolute terms the Thursday fall was large, in the context of the current levels ... More

AGRICULTURE

The knowledge revolution still eludes the Indian farmer
THREE interesting news items appeared last month. The first referred to the Independence Day promise by the Prime Minister that by the end of the current Plan, every district will have a Krishi Vigyan Kendra (KVK), a ... More

TAXATION

The pain be mine, but thine shall be the praise
IAGO'S problem, in Othello, was about a thought that gnawed `like a poisonous mineral'. For UltraTech CemCo, however, the problem was about a taxman who was gnawing at the company's mine and refusing to grant ... More

How to disclose FBT?
R. Anand on the disclosure and allowability of fringe benefit tax More

Dragged beyond imagination
Fringe benefit tax goes outside its initial scope and purpose, says T. N. Pandey More

Give time its due
T. C. A. Ramanujam on a case where the taxman curtailed the period of compliance More

Disproportionate punishment
The penalty for delayed payments of TDS is rather harsh, says S. Ramachandran More

BOOKS

On how much is spent and how it is spent
Growing public expenditure is a persistent problem, both in the developed and the developing countries. In the following review, D. Murali highlights the main factors contributing to expenditure growth and alternatives to improve and sustain expenditure management, based on `four pillars' — rules and fiscal responsibility legislation, risk identification, transparency and accountability, and infrastructure development. More

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