The Hindu Business Line : Saturday, October 12, 2002

Stirring the tea cup
BY SUPPORTING INDONESIA'S proposal for an international tea promotion body at the recent session of the FAO's Inter-Governmental Group (IGG) on Tea in Washington, India only sought to stress the obvious. Which is that concerted action by the ... More

ECONOMY

Fighting the `Washington Coercion'
We can no longer brush aside the mounting evidence spotlighting the fatal flaws of mainstream economic policies and the dark side of globalisation. Economic development is far more complex than just increasing per capita GDP. It involves addressing t he fundamental issues of poverty, social and political justice and protection of the environment. More

POLITICS

Happens when we have cabbages as kings
AFTER a fitful day of bandh that came bang in the middle of the week, the Tamil Nadu economy should be limping back to its normal pace. Some do not want to call it bandh, but prefer to name it `strike'. It was a call by political parties, some ... More

TAXATION

The party is not over
T. C. A. Ramanujam on a recent case about the assessment of political parties More

To stay or not to stay
A dilemma that corporate assessees face when slapped with demands is to take the `stay' course or not, says R. Anand More

The rough edges
S. Murlidharan on some of the ticklish issues in LTCG regime More

An unnecessary cut
T. N. Pandey on a futile attempt by FCI to contest a decided law on tax deductibility from decretal amounts More

Half Nobel for taxman?
THIS year's Nobel Prize for literature has gone to Imre Kertesz of Hungary, but he will have to hand over almost half the $1 million award to the state as tax, if the law is not changed to exempt the same. Other prestigious prizes, such as the ... More

A debate of interest
IN THE article `Earn as you Pay' (Business Line, September 21), the author, Mr T. C. A. Ramanujam, discussed about the interest paid by the Government on excess advance tax based on a decision in 254 ITR 606. Some of the Sections quoted ... More

ECONOMICS

The Nobel Memorial Award — Expanding the boundaries of economics
Despite the blending of historical method with quantitative economics, the inability to conduct a controlled experiment has remained a basic weakness in economics. The Nobel memorial awardees in Economics for 2002, Daniel Kahneman and Vernon Smith, h ave been recognised for their efforts to build the foundations of economics on the basis of experiments. P. R. Brahmananda describes their work. More

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