The Hindu Business Line : Saturday, November 09, 2002

Revamping the agri-market
THE RECENT INTERNATIONAL conference on commodity futures and derivatives trading to identify India's opportunities in the emerging global context has once again brought into sharp focus the inadequacies and imperfections of the country's ... More

AGRICULTURE

As in petroleum ...India needs `reliance' in oilseeds too
Reliance's private initiative in petroleum exploration has loosened the rapidly tightening noose around India's economic neck. It appears that the initiative on GM seeds, too, needs to be privatised. The whole procedure of approving genetically engin eered seeds needs to be overhauled to permit greater openness and wider participation of the farmers. More

ECONOMY

Income distribution and I-T potential
A high measure of income can be mobilised for taxation from the unorganised portion of the urban labour force, in which the coverage of potential assessees is probably less than 50 per cent. What is required is the full coverage of the potential num ber of those who can be tax-assessed. By pursuing existing policies and expanding the coverage, the authorities may be able to double the tax collections from the income-tax source, points out P. R. Brahmananda. More

TAXATION

Pay thru the roof
MOST of the salaried employees have been taking housing loans to save tax. This has resulted in bankers concentrating on housing loans rather than traditional business loans. With the eligibility criteria relaxed further, housing finance ... More

India Inc may settle for a deal
R. Anand says that pushing the Kelkar recommendations through may need a quid pro quo for the corporate sector More

Half-hearted and premature
T. N. Pandey on the why and how of task forces More

A damage assessment
Mohan R. Lavi gives an overview of the Kelkar proposals on direct taxes More

Taxman with a scalpel
M. Revathy Sriram says that the TDS circular targeting payments to doctors may pose practical problems More

For whom has Kelkar oiled the guillotine?
MYTH has it that Midas became a king of Phyrgia simply by virtue of wandering in on his ox-cart when the town's high council was in a meeting. Naturally, he was very thankful, and so put up a shrine and dedicated his wagon to Zeus. Since his ... More

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Pay thru the roof

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