Financial Daily from THE HINDU group of publications
Saturday, June 18, 2005
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OPINION

EDITORIAL


Just a smoke-screen?
WITH THE Information and Broadcasting Ministry coming to an agreement with the Health Ministry, the decks appear to have been cleared for the ban on scenes of cigarette smoking in films and television programmes. A large section of the ... More

ECONOMY


Is India shining for the jobless?
THERE is ample evidence today that, to the world at large, India as a nation has come of age. In "informed" drawing rooms, across negotiating tables, at international forums, India has carved out for itself a distinct niche. But this niche is ... More

POWER


Short-circuiting power reforms
The root cause of the power crisis facing the country today is the failure of successive governments to carry out the reforms. Repeated efforts to improve the finances of SEBs by reducing heavy cross-subsidies have failed to bear fruit mainly because of the lack of political will and fiscal prudence. Even after more than a decade, power sector reforms continue to be short-circuited by political parties and vested interests, says S. D. Naik. More

TAXATION


Subserve the constitutional goal and don't subvert the same
ABOUT a month ago, the Supreme Court decided Ashok Lanka vs Rishi Dixit, a case that straddled both excise law and the Constitution. "The trade in country/foreign liquor is said to be res extra commercium," begins the intro of a ... More

A parody of errors
T. C. A. Ramanujam on a case where the Gujarat High Court quashed attempts by the department to garner revenue by taking advantage of taxpayer ignorance More

Disservice to many a service
Joseph Prabakar evaluates the recent changes made to the service tax regime More

Both circular and artificial
The deemed divided provisions in the I-T Act need a relook, says Mohan R. Lavi More

BOOKS


On what drives the dragon and how the giant organises electricity
AN ISLAMABAD datelined story on www.greaterkashmir.com speaks of India offering to share with Pakistan the electricity "from the controversial Baglihar and Kishanganga hydropower projects located on the Chenab and Jehlum rivers". ... More

CARTOON


Sticklish issues
More


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In Focus

BHEL Disinvestment
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Dabhol power regenerated
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jun. 5-Jun. 11
Industrial growth in China and India — The real story behind the numbers

The death of fiscal federalism?

Advani's resignation — Cathartic, yes; catastrophic, no!

Is it an Advani gambit?


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