The Hindu Business Line : Thursday, March 24, 2005

Visa denial: No big deal
THERE has been no reprieve in the issue of the grant of a US visa to the Gujarat Chief Minister, Mr Narendra Modi, despite the Indian government's demarche. On balance, it is no great deal! If one looks at the plight ... More

EDITORIAL

Strengthen farm base
IF MANY AMONG the developing countries (G-21) that met in the Capital last weekend to discuss agriculture-related issues left with a smug feeling, it could be short-lived. The New Delhi Declaration has rightly called for substantial cuts in ... More

ECONOMY

Stock market: Barometer of economy?
Many assume that the stock market represents the state of the economy. That is the primary reason for this distorted obsession about the market. There are several factually incorrect assumptions about the role of the market, says R. Vaidyanathan. More

ACCOUNTANCY

Regulatory burden in the name of investor protection
SEBI, pronounced say-bee, was born about a dozen years ago to protect the interests of investors and to promote the development of a regulated stock market. As a regulatory body, it has been busy issuing guidelines for ... More

Auditors should check the stocks but not necessarily talk to lawyers
FOR your information, AAS 34 is just out. The new Auditing and Assurance Standard is about audit evidence — on `additional considerations for specific items'. If you want to see the text, check your snail mail for ... More

INCOME TAX

Taxing fringe benefits: Don't harm the goose that lays golden eggs
Indian business has reached a certain level of maturity so that what seemed an excessive fringe benefit by yesterday's standards may not be so in today's globalised environment. We have to evolve a system of taxation that will be fair and equitable, and not necessarily from a revenue angle. More

LETTERS

VAT implementation

Poverty made worse

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Pick a Winner Stock Market Contest

Displacing conventional fuels reduces energy/GDP ratio

HDFC joins SBI to float real estate venture fund

Stock market: Barometer of economy?

Nabard to hike refinance rates

Spices export exceeds volume target

In Focus

BHEL Disinvestment