Financial Daily from THE HINDU group of publications
Saturday, July 13, 2002
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OPINION

ACCOUNTING STANDARDS


Speed money
IF the flood of reports subsequent to the disclosure made by Xerox is any indication, the case of the "improper payments" made by the company (or its Indian subsidiary) has occasioned a lot of surprise in this country, so much so that the ... More

EDITORIAL


Zones of contention
THE POLITICISATION OF the Railways is now absolute. It is a shame that a commercial or managerial decision on bifurcation of Railway zones should be a matter of political debate and require the Prime Minister of the country to sort out. The ... More

AUDITING


Mirror, mirror on the wall, who's fairest of all?
THIS is not about the image of economics, rather the economics of image. The hip thing is image building, be it in the US or the North Block. Otherwise, you would not be having the US President, Mr George W. Bush, haranguing about a clean America ... More

ECONOMY


The gaping gulf in planning and policy
THE MOST prominent key factor in determining the overall growth rate of the economy happens to be the growth rate of broad agriculture (this includes crop production, animal husbandry, forestry and fishing). Our contention is that by and large, ... More

Global economy, post-September 11
IN the World Economic Outlook (WEO) prepared by the IMF before September 11, world growth was projected at 3.5 per cent. In the wake of the September 11 events, the IMF prepared revised projections for 2002, according to which, world ... More

TAXATION


The royal(ty) way out
T. C. A. Ramanujam on a recent AAR utterance on royalties and included services More

A peep through the holes
S. Murlidharan on a few delightfully vague and mindless provisions in the I-T Act More

When in doubt, deduct
R. Anand on whether payments to directors attract TDS provisions More

Burden of the bulk
Bulk filing of returns is one more scheme that is likely to burden employers, says S. Lochani More

Mugging the mug
AT TIMES, tax turns sober people into alcoholics and, rarely, the opposite could also be true. As in Australia, where the brewers are cutting the alcohol content in beer to reduce their tax bill. The `amber nectar' suffers tax that creeps to ... More


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