The Hindu Business Line : Tuesday, May 03, 2005

Duty drawback rates revised upwards — Schedule covers about 2,620 products
THE Government on Monday announced an upward revision in drawback rates for most products. Releasing the All Industry Rates of Duty Drawback, 2005-06, the Government said that the new rates will come into effect from May 5. Barring a few ... More

ICAI told to get Govt nod for lending name
THE Institute of Chartered Accountants of India (ICAI) will have to henceforth obtain prior approval of the Government before it lends its name or funds to any body it floats. A regulation to this effect has now been framed and cleared by the ... More

POLITICS

Cong, TDP at loggerheads over Godavari lift irrigation project
THE Pushkar lift irrigation project on the Godavari, meant to irrigate 1.86 lakh acres in East Godavari district, is in the thick of controversy as the ruling Congress Party and the main opposition party, Telugu Desam, have taken conflicting ... More

AGRICULTURAL POLICY

Molasses duty cut to Rs 750/t
THE Finance Minister, Mr P. Chidambaram, on Monday brought partial relief to the sugar industry by reducing the excise duty on molasses to Rs 750 a tonne from Rs 1,000 asproposed in the Budget. The sugar industry will now have to shell out an ... More

SECURITY

Chile to sign defence pact with India
CHILE will soon sign an MoU with the Government of India on defence co-operation, particularly in R&D on defence equipment. Addressing a news conference here on Monday, Mr Jaime Ravinet, Chile Defence Minister, said his Government was keen to .. More

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