Articles by S Murlidharan
Nov 15, 2018
Sale of 'enemy shares': Those who fled to Pakistan left behind a treasure trove for govt to bankroll infrastructure projectsThe government has decided to sell the shares in Indian companies left behind by those who migrated to enemy countries.
Nov 12, 2018
Demonetisation and GST: Raghuram Rajan quick to discern headwinds, but loath to read straws in the windRajan and his ilk alas have missed the wood for the trees. While 8 percent growth is indeed desirable, 7 percent clocked last year is nothing to scoff at.
Nov 08, 2018
Karnataka High Court slaps Rs 1 lakh fine on tax official: Hit them where it hurts the mostThe Karnataka High Court has ordered the high-handed and willfully defiant service tax official to cough up a hefty Rs 1 lakh as fine from out of his personal sources i.e. without burdening the department.
Nov 06, 2018
CIC show-cause notice to RBI governor: It's high time the central bank ended the secrecy on wilful defaulter dataThe RBI has been taking shelter under the archaic law that there is a fiduciary relationship between a bank and its debtor so much so that any disclosure about his loan status would amount to this sacred relationship.
Nov 02, 2018
Jan Dhan accounts weren’t intrinsically misuse-prone; P Chidambaram’s rant ignores past indulgencesIf four out of five Jan Dhan accounts are inactive and the bulk of them are for money laundering then how can the no-frills accounts opened under Chidambaram's UPA government smell of roses?
Nov 01, 2018
IL&FS saga: Was maze of subsidiaries created to spirit away funds to tax havens, protect parent firm?It seems bulk of the liability of the parent i.e. IL&FS was parked in the balance sheets of subsidiaries not reflected in the consolidated financial statements.
Oct 31, 2018
SBI halves daily ATM withdrawal to Rs 20,000: The bank has done the right thing; the move will discourage use of cashBanks in India must dismantle ATMs and simultaneously install more and more swiping machines for their trade customers. It will be a win-win for both.
Oct 26, 2018
Amrapali fund diversion: Why auditors should be sent to cleaners for enabling dubious cash dealsThat Amrapali auditors turned a blind eye to its management’s shenanigans for a quid pro quo, makes it a Satyam redux.
Oct 24, 2018
Demonetisation: Narendra Modi govt's moves to curb black money reaps benefits with increased tax collectionThe Narendra Modi government has done remarkably well on the taxation front and its subset black money.
Oct 23, 2018
If diesel prices are reined in to protect farmers, the best way forward is to do direct benefit transferIn India, diesel pricing has always had greater political implications and ramifications than petrol because it is perceived as catering more to the poor man’s fuel needs,