The Hindu Business Line : Thursday, February 24, 2005

PSU banks are still caged
THE BANK AUTONOMY package for public sector banks now decided on by the Government will not alter much the status of public sector banks as caged birds. To an extent, the Government has stepped aside but the chief executives of government banks ... More

ECONOMY

Budget 2005 and economic equity
The Budget has to juxtapose the complex functions of pursuing the `profit' idiom to create wealth for the nation and of taking a range of socio-economic benefits to the people. More

TAXATION

The FM may not scrap the I-T Act, as yet
MOST chartered accountants win their daily bread from tax practice. And a fear that lurks in their minds is that one fine morning there may not be an Income-Tax Act at all. Such a thought, though ostensibly outrageous ... More

Raising taxes least painfully
BRITISH economist Francis Ysidro Edgeworth (1925) had said taxes should impose minimum total sacrifice. He called for, not equal, but equi-marginal sacrifice among individuals. In the tax regime, this proposition is ... More

EDUCATION

Financing higher education — Law needed on cost-sharing
FINANCING of professional higher education (comprising modern and Indian system medicine, and engineering courses) has caught the attention of all stakeholders: Central and State governments, students and parents, ... More

SOCIAL WELFARE

Security for the self-employed — Beyond the instrument of taxation
The Government must recognise the limitations of taxing the self-employed and must take note of the social security and health-care needs of this group, particularly in their old age. At the same time it must extract some surplus from the well-off se gments of the self-employed. Effort is needed to set up old-age homes and hospitals using the surplus of the self-employed rather than using only the instrumentality of income-tax, says R. Vaidyanathan. More

LETTERS

Constructing sea walls

A corruption-free economy

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

TVS Motor plans units in Indonesia, Himachal Pradesh

Eligibility limit for special discount raised to Rs 15 cr — IRDA revises norms on broking commissions

Narayana Murthy B-Schools' favourite, again

Desi crude futures flare up

Rlys working out ways to increase freight volumes

In Focus

BHEL Disinvestment