The Hindu Business Line : Tuesday, October 25, 2005

Taxing message
BOTH ON SUBSTANTIVE and procedural aspects, the draft circular modifying the method of computing the service tax by an advertising agency is flawed and must be withdrawn. It is bad on a substantive question of law inasmuch as it goes beyond the ... More

ECONOMY

OECD's survey of China — Lessons from the Middle Kingdom
In its first country survey of China, OECD says that the Middle Kingdom's economic impact on the world has been accentuated by its rapidly increasing openness to trade. Free play of market forces, opening up more and more sectors to foreign investmen ts and readiness to change laws, including on property rights, have helped China's rapid global integration. Can India, especially the political class, learn from all this, wonders G. Srinivasan. More

Facts of globalisation
GLOBALISATION means different things to different people. There is a view that it is nothing beyond the dissemination of scientific knowledge and technical information throughout the world; and that it goes back to the ... More

INCOME TAX

In search of the tax rate nirvana
"Bad government, inadequate infrastructure and high tax rates came in the way of India attaining the same pace of growth as China although both nations started reforms in early 1990s." — Fortune, October ... More

LETTERS

The Left on FDI

A welcome decision

Salaries at NTPC

Corruption in government offices

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