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Saturday, March 26, 2005

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EDITORIAL


Dollar's drop
IN THE PAST three years the dollar has depreciated by more than 40 per cent against the euro and by almost as much vis-à-vis the yen and the pound. The dollar's pre-eminence in the international financial system after the Second World War ... More

COURTS/LEGAL ISSUES


Judiciary: The whip hand of people
For the people the judiciary is the bulwark of democracy and bastion of civil liberties and before it is blamed for encroaching on the rights of the legislatures, the latter must make sure that they so conduct themselves as to deserve the trust of th e people. Who else except the higher judiciary can come to the rescue of "We, the people" who have been reduced to mute witnesses to the trampling of the Constitution and despoiling of the state, asks B. S. Raghavan. More

FOREX


Why the Guv isn't walking grimly into the FM's room
THE International Monetary Fund's fortnightly IMF Survey dated March 21 leads with the Fund's Managing Director Rodrigo de Rato's plaudits for China and India. `Strong economy' got the pat for China, which Rato saw as ... More

POLITICS


'When politics is degraded to political adventurism'
EARLIER this week, the President of the republic, Mr A.P.J. Abdul Kalam, told an august gathering of politicians in the central hall of Parliament that the "dubious" pursuit of power was taking its toll on the nation's ... More

TAXATION


Turning over a turnover tax
T. C. A. Ramanujam on the effectiveness of the securities transaction tax More

An ill-conceived chase of ill-gotten wealth
Black money may not be stashed away in domestic banks, says S. Murlidharan More

Falls short on fiscal reform
Budget 2005 has delivered little in the realm of indirect taxes, says Sukumar Mukhopadhyay More

A case for alignment
The Finance Bill 2005 has not tackled some of the long-pending demands on depreciation, says R. Anand More

The cat will mew and dog will have his day
MARK Twain said, "It's not the size of the dog in the fight, it's the size of the fight in the dog." One can say that of litigation too. For, at times, the size of the fight in the case, rather than the size of the case ... More



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Judiciary: The whip hand of people

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In Depth

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Looking back
Mar. 13-Mar. 19
On fringe taxes and all that — Rollback is not a dirty word

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