The Hindu Business Line : Saturday, November 20, 2004

EDITORIAL
Reins are on oil pricing
IT IS OFFICIAL at last that there is no system of free pricing of petroleum products. The admission, coming from no less than the Petroleum Minister, Mr Mani Shankar Aiyar, himself is significant because it could well be a precursor to future ... More

ECONOMY
Sober growth prospects for Asia in 2005
Monetary tightening, unrelenting oil price volatility and soaring US deficits all portend a significant slowdown in the dynamic East Asia. India will have to steer the economy towards a better growth record, strengthening public savings and ensuring price and social stability. An altogether formidable task awaits the Finance Minister, Mr P. Chidambaram, as he begins the pre-Budget exercises, says S. Sethuraman. More

TAXATION
Too fond a wish to show on the field
T. C. A. Ramanujam doubts whether the CBDT's scrutiny guidelines are merely a benevolent PR exercise More

In dock with a document processor off the dockyard
IBM Global Services India P Ltd knocked the doors of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore, unhappy that the Customs officials misconstrued a gizmo that the company had imported. The ... More

Software on the goods truck
Despite the recent apex court ruling in the TCS case, there would be difficulties in distinguishing off-the-shelf-software from the rest, says Mohan R. Lavi More

Advancing an argument on advance
R. Anand on a case that had to interpret the terms governing tax audit More

BOOKS
Don't ask the way to the village if you don't want to get there
THE US State Department has voiced serious concern about "jailed monk's trial," informs the headline of a hot story on www.phayul.com, reporting what the now outgoing US Secretary of ... More

CARTOON
Sticklish issues
More

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