The Hindu Business Line : Saturday, November 28, 2009

OPINION

FOREIGN RELATIONS: How not to judge Summit meetings
Someone once defined a split-second as the time that elapses between the red light changing to amber and the first horn being blown. Consistent with the law of ongoing refinement, I have an improved definition to offer: a split second is the ...

TAXATION: Aligning trade policy with GST
Much has been deliberated and written about the changes required under various indirect taxes (service tax, excise duty, VAT) in order to align them with the desired GST (Goods and Services Tax) framework. While the attention accorded to ...

TAXATION: An inequitable regime
Remember Prof. Kaldor? In 1958, he brought about sweeping changes in the direct tax laws. T. T. Krishnamachari implemented all his ideas. We came to have not merely the income-tax law but other levies such as expenditure tax, gift tax, wealth ...

TAXATION: Lacking in credibility
In evaluating the Direct Taxes Code (DTC) principles, the drafters of the Code aver that the provisions should not be debated. But the two cannot be separated, primarily because the provisions affect ...

BOOKS: Benefits of businesslike generosity
If you are already tired of reading about the latest league tables of the world's richest, a question that Philanthrocapitalism ( www.landmarkonthenet.com) raises in the concluding chapter should of interest: ‘What should it take for ...

INCOME TAX: Dispute resolution
In Hamlet, Shakespeare wrote “Give every mine thy ear, but few thy voice; Take each man's censure, but reserve thy judgment”. The Income-Tax Appellate Tribunal (ITAT), High Courts and the Supreme Court may not have the liberty ...

EDITORIAL: Fair request
In its second quarter review of monetary policy last month, the Reserve Bank of India (RBI) kept key rates unchanged but tweaked the regulatory environment for banks especially with regard to provisioning norms. The central bank upped ...

LETTERS: Bank wage revision
...

LETTERS: Food inflation
...

Columnists: • C Gopinath • Harish Bijoor • G Chandrashekhar • S Murlidharan • Sharad Joshi • Mohan Murti • S Balakrishnan • Bharat Savur • B S Raghavan • Ganesh Challa • Bhanoji Rao • Swati • T Banusekar • Ramanujam Sridhar • Ranabir Ray Choudhury • Rasheeda Bhagat • P.V. Indiresan • P Devarajan • S Muralidhar • R K Raghavan • B Venkatesh • S Venkitaramanan

Comments & Letters to the Editor to: bleditor@thehindu.co.in
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Markets (Nov 27)

Nifty (at close)	4,941.75 (-63.80)
US Dollar (Buy/Sell)	46.64/65
Brent crude (a bbl) Rs	3,533
Gold (a gram) Rs	1,649
Silver (a kg) Rs	29,200

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