The Hindu Business Line : Thursday, March 06, 2003

Excuses for inaction
THE PRIME MINISTER, Mr Atal Bihari Vajpayee, has already come up with excuses for next year. In his address to the Rajya Sabha, he has explained why the country may not achieve the targeted 8 per cent growth in GDP in 2003-04: Drought conditions ... More

BUDGET

Jaswant Singh, empathetic and proactive
The Finance Minister, in Budget 2003, has addressed, among other things, the lifetime concerns of the citizens, by focussing on poverty eradication, health, housing and education. And all these at a time when the liberalisation dogma is increasingly limiting the role of the state to certain basic functions, says T. C. A. Ramanujam More

Promises in the detail
THE Finance Minister must be commended for balancing the interests of various factors in his maiden Budget. The unavoidable expenses last year in moving the troops to border and the growing Defence expenses, the war clouds over West Asia and its ... More

Wherefrom will growth come?
THE Finance Minister has redeemed the promise he made when he assumed office — that he would put more money in the hands of the housewife. Taken together with the Railway Budget one gets the impression that it is an election-year effort to ... More

ACCOUNTANCY

SAT twist to a control tale
N. R. Moorthy on a recent takeover case that redefines inter se transfers More

Small CA, big CAG
Mohan R. Lavi on an apex court ruling that has upset CAG reasoning in allocating audits to CA firms More

Economic blind spot
ONE of the drabbest comments on the Budget comes from the ICAI. As if to stick close to the typical accountants' habit of ticking what's there, the press note that is posted on the Institute's Web site has performed a cursory inventory of the ... More

Divided on dividend
BUDGET 2003 has proposed a dividend distribution tax of 12.5 per cent with effect from April 1, 2003. The proposal needs reconsideration, as it would result in double taxation. But such a reconsideration should not cause any revenue loss to the ... More

POLITICS

Language of the road
THE reported non-use of local language in milestones on National Highways sparked a row in the Lok Sabha with members of the DMK and AIADMK speaking up in unison against the exclusion of Tamil in these road signs. It all began with a ... More

LETTERS

Urban local bodies

Insurance premia

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