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Friday, August 14, 2009
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OPINION

ECONOMY: An epistle to the Prime Minister
I am taking the liberty of addressing this communication to you as inflationary forces have gathered momentum and are likely to get accentuated in the next 12-18 months. In this context there are two issues. First, the Wholesale Price ...

INCOME TAX: The code, from A to Z
The best way to read anything is from A to Z. So, here is a quick guide to the new ...

INCOME TAX: A fillip to savings, but…
When buying a new car, apart from technical specifications such as engine capacity, turning radius and so on, one generally takes a decision based on the look and feel of the ...

INCOME TAX: Old wine in new bottle
The Direct Taxes Code Bill, 2009 has evoked great interest among the practitioners of this facet of ...

INCOME TAX: All perks in the net
The Direct Taxes Code Bill, 2009, proposes sweeping changes in taxation of salary, the principal plank of which is monetisation of all benefits and payments made to or on behalf of the employee. The idea seems to be to import the ...

EDITORIAL: Break from the past
The country needed a new direct tax law if only for the fact that the current statute is made up of long winded sentences that seek to capture a multiplicity of ideas while imposing an obligation on the tax payers. Each provision, in turn, ...

AIRLINES: The return of Clark Kent
“It’s a bird, it’s a plane, no, its Indian aviation seeking a bailout!” For all the money the comic books spent on him, Superman never existed. Clark Kent may have. End July, in a press conference telecast ...

FINANCIAL MARKETS: After the recovery, what?
It is heartening that economy-watchers round the world have begun noticing signs, if not of recovery, at least of a pulling back from the brink, in the way national governments, business and industry have coped with what at one time looked like ...

BOOKS: Chinese experiments with reforms and liberalisation
The received wisdom on China’s economic reforms is that it has followed a calibrated and measured course, while at the same time being directionally liberal. In the 1980s, the country’s top leadership dismantled farm ...

ENVIRONMENT: Govt should lead the way in clean-tech funding
It is widely accepted that aggressive innovation will be key to resolving India’s carbon emission mitigation problems. But the surprising fact is the perceived apathy among Indian (or even foreign) entrepreneurs in coming up with ...

LETTERS: Engineering a plan
The article “Deregulate engineering education” (Business Line, August 12) made a strong case for deregulation of engineering education. The author quotes numbers from a McKinsey study that says 75 per cent ...

LETTERS: Price of populism
The article “The price of populism” (Business Line, Aug 12) clearly states the mismatch between reward and output, which is a major cause of inflation. The NREGS should be broadened to cover agriculture and ...


Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh S Venkitaramanan




Comments & Letters to the Editor to: bleditor@thehindu.co.in
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Markets (Aug 13)
Nifty (at 3.30 pm)4,605.00(+147.50)
US Dollar (Buy/Sell)48.11/12
Brent crude (a bbl) Rs3,532
Gold (a gram) Rs1,383
Silver (a kg) Rs24,640


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