The Hindu Business Line : Saturday, December 03, 2005

The draft discord
ARE PEOPLE ASSOCIATED with the World Trade Organisation talking at cross-purposes or have the definitions changed? The issue is `development', and there appears to be a basic disagreement on it going by the reaction of important member-countries ... More

TAXATION

An alternative idea
The regime of disallowance would have the same chastening effect on employers as FBT, says S. Murlidharan More

Thou owest the worm no silk, the beast no hide, the sheep no wool, the cat no perfume
"DOUBLE, double toil and trouble, fire burn, and cauldron bubble," chant the three witches in Macbeth. Thereafter, the second among them offers her recipe thus: "Fillet of a fenny snake, in the ... More

Unwarranted hurry to amend law
Changes to the I-T Act through presidential Ordinance should be made only if unavoidable, says T. N. Pandey More

A climax of ignorance
T. C. A. Ramanujam discusses a case where the Bombay High Court observed that though there may be a rule that ignorance of law is no excuse, there is no presumption that everyone knows the law More

CORPORATE GOVERNANCE

Clause 18 compliance — The form and substance
There is no dearth of talent; yet, corporates have been slow in complying with Clause 49 for more than a year now. The reasons are varied. More

BOOKS

No model to describe the global economy
Global economy is not the `new economy', once touted as the `brave new order based on the fantastic technological advances unleashed through the Internet'. A sudden plunge in tech stocks in April 2000 saw the wheels falling off `this conceptual wagon ', writes Kenichi Ohmae in The Next Global Stage. A book you can sacrifice the weekend concert or drama for, to ensure your place on the global stage, says D. Murali. More

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