Financial Daily from THE HINDU group of publications
Saturday, August 23, 2003
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OPINION

EDITORIAL


Beyond the bottle
IF NOTHING ELSE, the Union Health Minister, Ms Sushma Swaraj's statement on the outcome of tests conducted by government laboratories on soft-drinks manufactured in the country is the first official acceptance on the need to set the permissible ... More

POLITICS


The future beckons
ON HIS visit to London, the Gujarat Chief Minister, Mr Narendra Modi, was reportedly asked why he felt foreign investors and NRIs would rush to sink their money into his State when there were reports that 2,000 people ... More

TAXATION


Where is the reason to exhume?
R. Anand on the propensity of the I-T Department to use apex court decisions retrospectively More

When subscribers turn ghosts
The Calcutta High Court has laid down the procedure to be followed in cases where the identity of subscribers to a company's share capital is suspect, says T. C. A. Ramanujam More

Weighted against the Revenue
K. Srinivasan on the hurdles in the way of arresting corruption and tax evasion More

The ifs and buts of e-filing
Mohan R. Lavi on the need to dot the i's and cross the t's in the e-filing scheme More

Why shed tears for the well-heeled
The apologists for NRIs are tilting at the windmills over the removal of a tax shield, says S. Murlidharan More

ECONOMICS


Audit panels are just a pacifier for shareholders
THE Rapid Response Unit (RRU) of the World Bank is a knowledge resource specialising in policy advice on the investment climate and privatisation for developing countries. The latest e-alert from RRU has listed "The ... More

NON-PERFORMING ASSETS


Bad debts: PSBs in recovery mode
The Sarfaesi Act, brought into force in 2002, brings in an element of non-conventional warfare to the battle against NPAs, as it empowers banks to dispose of defaulters' securities to recover its dues. Public sector banks have been criticised for fai ling to make effective use of the law but these charges do not reveal the true picture of their recovery performance, says Dharmalingam Venugopal. More
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In Focus
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Looking back
Aug. 10-Aug. 16
Alien tort legislation in the US — Why it should not be tampered with

Cancun Ministerial — Rough edges and loose ends


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