The Hindu Business Line : Saturday, February 23, 2002

What guarantee?
NEXT PROBABLY TO containing fiscal deficit, the country's money managers have spent precious breath on funding and promoting infrastructure the last 10 years. Yet what has been created is far less then what is needed. Policy alterations, in ... More

ECONOMY

Implications of collapsing farm prices
IN presenting his Budget for 2002-03, the Finance Minister, Mr Yashwant Sinha, will have to balance the various pulls and pressures of the several lobbies around him. The corporate sector, which is primarily in the manufacturing and financial ... More

FERTILISERS

Urea: Partial decontrol defies logic
ONE of the major recommendations of the Expenditure Reforms Commission (ERC) in its report of September 2000 was to dismantle controls on the supply and distribution of urea from April 1, 2001. Subsequently, in a note prepared by the Department ... More

POLITICS

UP outcome
THE UP Assembly elections results are considered important as an indication of the level of "national" support enjoyed by the BJP-led NDA Government at the Centre. As a result, scenarios have been doing the rounds that portray the collapse of Mr ... More

STEEL

Excess capacity in steel industry -- Easy money the main culprit
EXCESS capacity is at the root of the steel industry's problems worldwide. The recent OECD talks were more or less centred on this understanding, and concrete action is being proposed to eliminate the estimated excess capacity. While the ... More

TAXATION

An overstretched definition
T. C. A. Ramanujam cites cases where courts have enlarged the scope of income More

Sitting ducks for target practice
THE Parthasarathy Shome Committee and the ones that followed it, have in a chorus, as it were, recommended the abolition of all the impetus to small savings currently available under the income-tax law of the country. And, if reports are to be ... More

Let's get aggressive
THE Federal Commissioner of Taxation's 2000-2001 annual report and decisions in Harris vs Cof T (2001 FCA 1689) and McCormack vs DCT (2001 FCA 1700) provide clear signals that the fallout from aggressive tax planning (ATP) will ... More

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US-64

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All set for the UP battle

V. Venkataswamy U/s