The Hindu Business Line : Saturday, May 18, 2002

Trading with China
IT IS IN the fitness of things that there should be an increased interest in New Delhi in trading with China. Not just because Beijing has become a member of the WTO, but because of the potential of its vast market. While in the past trade ... More

POLITICS

From crisis to crisis
THERE is something grievously wrong with the NDA Government at the Centre, which should be a cause for serious concern for the nation. The overall perception of the outfit in the eyes of the common man has taken a severe beating, not only because ... More

TAXATION

Pension torpedo hits Royal Navy
THE UK Government has revealed that the mistaken taxation of army invaliding and attributable pensions also extends to Royal Navy pensions awarded between 1973 and 1999. It also admitted that thousands of letters sent out about refunds were ... More

EU okays e-com VAT
EUROPEAN finance ministers have given their backing to the controversial extension of VAT on e-commerce to non-EU companies. Under the directive — due for introduction from July 1, 2003 — countries based outside the EU will have to ... More

BIO-TECH & GENETICS

Evaluate GM crops critically and fairly
THE Government's recent approval for the commercial production of Bacillus thuringiensis (Bt) cotton has certainly opened the floodgates for approval of other GM crops in India. As a result, environmentalists and bio-fundamentalists have ... More

INCOME TAX

A raw deal for trusts
The latest amendments to the law smack of a distrust of charitable trusts, says T. C. A. Ramanujam More

Scheming benevolence
Citing a CAG report, T. N. Pandey says that benevolent schemes are being mismanaged at taxpayers' cost More

Are MFs asking for more?
The pass-through proposal could be pernicious, says S. Murlidharan More

EXPORTS & IMPORTS

Export strategy: Focus shift called for
INDIA'S exports dipped in 2001-02, largely due to the slowdown in global output and negative growth in trade. Despite signs of recovery in the world economy, international trade is expected to record only a marginal rise of 1-2 per cent in 2002. ... More

ECONOMIC OFFENCES

The economics of a scam
THE newspapers are so full of pictures of `alleged' scamsters that it would be worthwhile studying the characteristics of such people. First, they look respectable — wearing a neat suit and with specs on, and you can't tell them from the ... More

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