The Hindu Business Line : Thursday, January 06, 2005

Taxing justice?
IT IS JUST as well that the National Tax Tribunal Bill 2004, introduced in the Lok Sabha the last session, has now been referred to the Standing Committee on Personnel, Public Grievances, Law and Justice for re-examination. In its earlier ... More

ECONOMY

The political economy of tsunami
The killer tsunami has raised two important issues of rehabilitation and creating an early warning system. But both require funds. While the governments and its banks will provide crucial help, special low-rate relief and rehabilitation bonds repayab le in three years or special securities issued on perpetuity basis with a guaranteed interest rate can be thought of. Incentives are needed for raising resources even if it means rejecting the view that tax exemptions would generate distortions, says A. Vasudevan. More

ACCOUNTANCY

A case of oppression to rely on
N. R. Sridharan looks at the recent buyback decision of Reliance from a statutory perspective More

Let not financing be a disaster after rapid onset of natural disasters
DISASTER, donations, distribution, and delay, form only a predictable combination that plays out whenever a major blow strikes. There can be a better alternative, argue Eugene Gurenko and Rodney Lester in a recent World ... More

FOREIGN DIRECT INVESTMENT

FDI in retailing — Short-changing the kirana store?
THE retail industry in India is often hailed as one of the sunrise sectors. AT Kearney recently identified India as the ``second most attractive retail destination'' from among 30 emergent markets. It has made India ... More

CORPORATE GOVERNANCE

On course to a majority mess-up
The ongoing tussle in Reliance raises governance issues, says N. R. Moorthy More

NATURAL CALAMITIES

Homeless and alone
IT IS MORE than a week since the killer tsunami struck many nations of Asia. Indonesia, the worst hit, Sri Lanka, India (including Andaman Islands) Thailand Myanmar Malaysia and even Kenya and Somalia were affected. ... More

BOOKS

Knowledge at risk if you're asking what's VaR
ACCOUNTANTS know debits and credits as much as the palm of their hands. But Moorad Choudhry's Structured Credit Products, from Wiley (www.wiley.com) belongs to a different league. It is about ... More

LETTERS

OBC complaints

Sugar price rise

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