The Hindu Business Line : Saturday, December 07, 2002

Re-discovering Russia
IT IS A quirk of geo-politics that once-close friends have to re-discover the commonalities between them and the synergies of working together. Just a couple of decades ago Moscow, at the helm of the Soviet Union, and New Delhi were the ... More

ECONOMY

Mid-year review stuck in short-term mud
The mid-year review is frank, but offers few clues on how to shift the economy into a higher growth trajectory. As long-term investment in agriculture, electricity, gas and water signify benefits over long periods, it is time the planners encouraged people to save for long-term projects. If such long-term investments reoccur in the economy over several years, the private sector will also benefit, argues P. R. Brahmananda. More

Kerala's economic setbacks — Is globalisation responsible?
LIBERALISATION and globalisation are generally blamed for many of the setbacks on the economic front, and this rhetoric is louder in Kerala than in the other States. In Kerala, the crises in the primary, secondary and tertiary sectors are ... More

What's good about a mid-course review?
MID-COURSE review always happens in long-distance travel when co-passengers decide to while away the abundant time on hand with a useful occupation — of going over all the pieces of their luggage. The ostensible status check includes ... More

TAXATION

Don't ask him why
T. C. A. Ramanujam on the missing rationale in the Kelkar proposals More

Where years roll by
Mohan R Lavi on the long wait involved in tax litigation More

Repeal vs omission
R. Anand discusses an apex court decision on the applicability of the General Clauses Act to repealed law More

Service tax credit is not all that friendly
Joseph Prabakar on whether the service tax rules are reasonable enough with regard to credit for tax paid Rule 6 (4) of the Service Tax Rules, 1994 allows payment of service tax on provisional assessment basis and where the input service-prov ider has opted for provisional assessment, the output service-provider should ensure that credit is taken on the correct value of tax paid More

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