The Hindu Business Line : Saturday, April 16, 2005

Opening the skies
AFTER 60 YEARS of unremitting regimentation of international air services, there is clear evidence now on the ground that the Government is finally giving up on the control it has had on airlines and passengers. Eighteen months ago came the ... More

FOREIGN TRADE

India-China trade: Win-win situation or zero sum game?
INDIA-China trade: $20 billion by 2008? Not ambitious. But there are problems. A story is told about the efforts of well-intentioned private citizens to foster fraternal relations between India and Pakistan — in ... More

POLITICS

Asian century
THE JUST-CONCLUDED visit of the Chinese Prime Minister, Mr Wen Jiaobao, to India has set alarm bells ringing in capitals such as Washington, the central point of concern being whether the visit heralds the beginning of ... More

TAXATION

Eternal debate on tax avoidance
With courts recognising a taxpayer's right to pay as little tax as possible, there has always been debate on whether such arrangement of one's finances constitute (acceptable) tax mitigation or (unacceptable) tax avoidance. But the assessments cannot be made solely on the basis of the figures or arithmetical calculations. Each case has to be decided on its own merit, says H. P. Ranina. More

Too loaded to be wide
R. Anand on the disproportionateness of data gathered vis-à-vis the tax base achieved More

Everything in life is somewhere else, and you get there in a car
THIS is the story of an unhappy owner of an Opel Astra — not owing to any automobile glitches, but because the Karnataka authorities imposed on him a `life-time tax' on `value basis', under the Motor Vehicle ... More

The levy caravan moves on
Mohan R. Lavi on a recent apex court decision that has put to rest the question of validity of service tax on goods transport operators More

Teeing off with EET
T. C. A. Ramanujam on how we are heading to a system of straight deductions More

BANKING

Bank on privatisation for efficiency
Nationalisation of banks will only cripple Indian businesses. Privatisation, on the other hand, will bring in more efficiency and accountability, especially in priority sector lending. More

BOOKS

How surplus accumulates in our villages and towns
GANDHIJI said, "Constant development is the law of life, and a man who always tries to maintain his dogmas in order to appear consistent drives himself into a false position." The law of development, however, is that ... More

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