The Hindu Business Line : Tuesday, November 26, 2002

A case for a cut
THE MARUTI UDYOG chief executive has pleaded for halving the excise duty on motorcars from the existing 32 per cent ad valorem to 16 per cent. The largest player in this industry pitching for a `big-bang' reduction, as he has put it, is no ... More

ECONOMY

The economy before Budget
WITH less than four months to go for the Budget, the economy lacks buoyancy. Going by the statements of the Finance Minister, Mr Jaswant Singh, the Budget may contain some tax reliefs. But will there be populist measures, given the fact that the ... More

INFORMATION TECHNOLOGY

Information and communications technology sectors — Revisiting the promise
The sharp slowdown in the pace of IT sector growth from 65 per cent in 2000-01 to 14 per cent in 2001-02 points to the need for some caution when assessing the potential the IT sector holds out for developing economies like India. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh revisit the growth of the sector in the light of the new evidence. More

TAXATION

Tinkering with tax reforms
The Kelkar Task Force may have had to do a rush job; nevertheless it is surprising that it has not looked at some of the crucial issues and challenges facing the tax regime, addressed by many panels and Finance Ministers. Unfortunately, says S. D. Naik, because of a number of controversial proposals, even some of the more pragmatic suggestions of the Kelkar panel are likely to be ignored. More

HUMAN RESOURCES

Does talent fetch the bid it merits?
IN 1999, the average CEO earned 419 times more than his or her colleague, up from 25 times in 1981. The highest paid ten chief executives' income soared to an astronomical 4,300 per cent between 1981 and 2000. "The statistics are simply too ... More

LETTERS

Nedungadi fiasco

GM foods

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