The Hindu Business Line : Saturday, August 07, 2004

EDITORIAL
Pumping up competition
THREE DECADES AFTER it was sent packing by the then government, multinational Royal Dutch/Shell is all set to re-enter the country's lucrative petroleum product retailing business. Having fulfilled the norms for entry into retailing, the oil ... More

TAXATION
A watchman over the taxman
T. N. Pandey looks at the CAG's findings in its review of the I-T Department's working More

Some kindness to gifts in kind
Why are gifts in kind left out of the tax net, asks S. Murlidharan More

A plan bit too grand
Mohan R. Lavi on the new recommendations in the realm of personal taxation More

Calculus of the differential
T. C. A. Ramanujam on the new regime for taxing foreign companies More

Cartoon
More

GENDER
What are the thoughts of a man on Death Row?
HOW does it feel to be someone who knows that he will not be alive, say, a month from now, not because he is terminally ill but because he will be killed by the state? This is the situation in which Dhananjoy ... More

ECONOMICS
Stop chasing experts and start asking crowds
NOBODY likes crowds. But James Surowiecki thinks otherwise. To him, "many are smarter than the few", as he would explain in The Wisdom of Crowds, published by Little Brown (More

INCOME TAX
Expanding the tax net — Track the big spenders-low I-T payers
If the Income-Tax Department does its homework diligently and gathers credible information on unexplained expenditure, several thousand people who spend lavishly and far in excess of the income they declare in their returns can be brought within the right tax bracket, says H. P. Ranina, pointing out that the solution to the problem of evasion lies in tracking big spenders. More

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Expanding the tax net — Track the big spenders-low I-T payers

Medical transcription back in demand

`It's time to tap rural goldmine'

1.66 million new cell customers in July

IMD plans district-level updates

Govt considering hike in natural gas price

Textile stocks in limelight

Edible oil prices softening; imports may gather momentum

Looking back
Jul. 25-Jul. 31
Resolving the crisis in traffic management

A future for derivatives

BIMST-EC meet in Bangkok: Making free trade agreements work

9/11 Commission Report — An exercise in escapism

Salaried middle-class — Provident Fund no longer a lifeguard?

FTA: Economic interaction will grow substantially — Mr Satish Sehgal, Director, Board of Trade, Thailand