The Hindu Business Line : Saturday, November 05, 2005

Long on ambition
BY CLEARING THE National Steel Policy on Thursday, the Government has sought to prioritise attention on the industry that is in a state of transition globally. In the last few years, there has been a gradual shift in production and consumption ... More

TAXATION

Knowledge gaps leading to revenue loss
T. C. A. Ramanujam discusses a High Court decision that reproached a tax officer More

It is not best that we should all think alike
WHEN Bombay thought of a motorbus service in the early 20th century, there were two main objections: One, the service would be expensive; and two, the accident rate would go up. "Even in a city like London, with the ... More

The rights and wrongs of FBT
THE common belief is that tax evasion is practised on a large scale in business and profession, while salary earners have recourse to tax avoidance to the extent practicable. It has been the fashion to decry evasion and ... More

Another service tax hike?
Mohan R. Lavi on the advisability of raising the service tax rate More

On the big game cheques
T. N. Pandey on the tax deductibility of game show winnings More

CREDIT POLICY

RBI pitches for growth with stability
Even while expressing concern over inflationary expectations, the RBI's Mid-term Review of Annual Policy Statement for 2005-06 has refrained from tinkering with either the Bank Rate or the Cash Reserve Ratio (CRR) so as not to disturb the robust grow th momentum of the economy. More

TERRORISM

The security bug
Since the war against civil terrorism of all types must continue with the utmost resolve at the command of the nation's security agencies, strenuous and continual efforts must be made to make it a hard battle for the perpetrators of violence. More

BOOKS

Well-advanced mutations of illicit trade
Moisés Naím's book Illicit is about how smugglers, traffickers, and copycats are hijacking the global economy. New technologies and lower transport costs have made possible trade in a new range of goods, ranging from pirated software to `genetically modified marijuana'. The book, says D. Murali, is about a disturbing surprise of globalisation and how "networks of stateless traders in illicit goods are changing the world". More

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