The Hindu Business Line : Saturday, March 15, 2003

FDI in banks
GOVERNMENT BANKS HAVE struck a tradition of funding the whims of politicians and the Finance Minister is in no hurry to change that with general elections a few months away. A few crumbs for the private sector banks have been placed on the window ... More

BUDGET

Jaswant singh's maiden Budget — Banking on multiplier effect
Having to walk the tight-rope between political compulsions and the need to boost the growth rate by creating demand, the Finance Minister has opted for such measures as cutting income-tax and excise taxes and doing away with dividend tax, hoping tha t people will spend the extra cash on consumer goods. But will these, and the Budget's other incentives, do the trick, asks Alok Ray. More

Not a bad average from the finance skipper
MUCH has been said and written about Jaswant and his Budget. One aspect that remains unsung, at least not in high octaves, is the `implementation of Budget announcement'. This is something that forms part of the Budget papers. A not-too-old ... More

POLITICS

Loud and clear
THE Prime Minister, Mr Atal Bihari Vajpayee, should be complimented for telling the nation and the world loud and clear that New Delhi will not tolerate any external attempt to get rid of the Iraqi leader, Mr Saddam Hussain, for the simple reason ... More

TAXATION

A scrutiny of scrutiny
To be successful, the methodology of scrutiny has to be transparent, says R. Anand More

The expat problem
A. Pradeep on what hypothetical tax is all about More

Gujarat guidance
S. Murlidharan on the appropriateness of re-defining the not-ordinarily resident norms More

Service on a hoist
K. Vaitheeswaran on the new services in the tax net More

The unbroken slabs
T. C. A. Ramanujam on the Kelkar proposals that have been given the go-by More

Taxmen in the nursery
THE long-awaited proposals offering tax breaks on workplace nurseries have been branded as a tax increase masquerading as a tax credit. Far from encouraging employers to increase childcare facilities, the proposals are more likely to lead to ... More

SECURITY

Firing up Defence budgetary system
In his Budget speech, the Finance Minister said that funds shortage would not be allowed to affect the modernisation of the armed forces. It is for the Defence Ministry to expedite purchases, by speeding up the decision-making process. More

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