Financial Daily from THE HINDU group of publications
Saturday, February 02, 2002
Financial Daily from THE HINDU group of publications Saturday, February 02, 2002 |
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INDUSTRY & ECONOMY BUDGET Tax body seeks lower rates, withdrawal of exemptions THE Direct Taxes Professionals' Association (DTPA), in a pre-Budget memorandum presented to the Union Minister of State for Finance, Mr Gingee N. Ramachandran, has called for gradual withdrawal of exemptions and deductions, with a corresponding ... More
CII urges removal of distortions in duty structure PETROLEUM Govt moves to speed up APM regime phase-out THE Government has decided to hasten the process of seeking Cabinet approval for the dismantling of the Administered Pricing Mechanism regime in the petroleum sector on March 31. The Cabinet Secretariat has sent a letter to the Petroleum ... More PHARMACEUTICALS Prices of 45 drugs down, 4 up CONSUMERS will be paying less for some of their cough syrups and anti-allergy drugs, besides drugs in other categories, following a recent revision/fixing of prices on 62 formulation packs by the National Pharmaceutical Pricing Authority ... More TAXATION States to face Rs 9,000-cr hit in tax transfers THE massive shortfall in the Centre's tax collection vis-a-vis budgeted targets will hit the States hard as they have to reckon with a lower share of tax revenues of close to Rs 9,000 crore. The share of States is budgeted at Rs 61,618 crore ... More TEXTILES Dumping duty on PSF imports irks textile cos SECTIONS of the domestic textile industry are crying foul over the Commerce Ministry's recommendation of anti-dumping duty on certain polyester staple fibre (PSF) originating in or exported from Korea, Malaysia, Taiwan and Thailand. On January ... More SSI PM for rethink on khadi rebate THE Prime Minister, Mr A.B. Vajpayee, has emphasised the need for speedy implementation of the K.C. Pant Committee recommendations for the khadi sector. Addressing a press conference here on Friday after a 40-minute meeting with the Prime ... More LEATHER Adidas to boycott leather from India, China ADIDAS-SOLOMON, manufacturer of sports goods, has said it would not use leather originating either from India or China until these countries crack down on transport and slaughter-related cruelties against animals. A press release issued by the ... More INDUSTRY ASSOCIATIONS Push strategy proposals on time-bound basis: EEPC ACCORDING to the Engineering Export Promotion Council (EEPC), the medium-term export strategy unveiled by the Commerce Ministry, if implemented under a time-bound programme, would definitely be instrumental in creating a surge in engineering ... More
Taiwan wooing India Inc with hardware tech
`Lift barriers on Internet telephony' JUTE Bengal jute industry yet to recover from labour crisis THE jute industry of West Bengal is yet to recover from labour woes though the strike called by the central trade unions has been averted with the signing of a tripartite wage agreement. Industry sources said the sector was still suffering from ... More DISINVESTMENT Tatas, Reliance bid for VSNL THE Government has received bids from the Tatas and the Reliance group for 25 per cent equity stake in Videsh Sanchar Nigam Ltd (VSNL), which has been slated for disinvestment this fiscal. According to sources, the consortium led by Sterling ... More
Keskar proposal may be accepted INCOME TAX Income of charitable trusts -- The exemption dimension WHETHER an educational institution should file a return of income under Section 139(4A) was an issue before the Bombay High Court in Director of Income Tax (Exemptions) vs Malad Jain Yuvak Mandal Medical Relief Centre (250 HR 488). In the ... More IMPORTS & EXPORTS Exports register 1.11 pc growth in Dec EXPORTS have registered a meagre 0.64 per cent growth during the first nine months of the current fiscal, with the Director-General of Commercial Intelligence & Statistics (DGCI&S) provisionally estimating exports for April-December 2001 at ... More TOURISM Drive to promote tourism in West Asia A MAJOR marketing drive to promote Indian tourist locales in the West Asian region has been launched by the Government of India Regional Tourism Office through participation in a series of regional fairs in the coming months. Mr Gour Kanjilal, ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Jan. 20-Jan. 26 AIRIA, Capexil to chalk out rubber subsidy scheme Software: Losing the sizzle? Steel industry: Rolled flat out Realty may get access to overseas borrowings Railways shelves variable tariff plan for petro-products Bharti pact with cell cos heading for a jam Status quo in EPF rate for now -- Linking to Special Deposit Scheme mooted Insat-3C launch successful Firm policy needed to revive economy: Manmohan Pvt sector to be in N-power field |
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