Financial Daily from THE HINDU group of publications
Wednesday, June 08, 2005
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Shipowners hail exemption of service tax
THE shipping industry heaved a sigh of relief on Tuesday as the Government issued a notification exempting shipowners from paying 10 per cent service tax on services taken by ships at foreign ports. The Government notification exempted services ... More

Service tax exemptions for infrastructure, gem & jewellery sectors announced
THE Finance Ministry on Tuesday announced a slew of service tax exemptions to provide an impetus to the infrastructure, construction, shipping and ports, and gems and jewellery sectors. Briefing newspersons on the latest changes in the service ... More

Karnataka clears projects worth Rs 14,000 cr
THE Karnataka Government has cleared projects worth Rs 14,000 crore which will create employment for one lakh people. The State Industries' Minister, Mr P.G.R. Sindhia, told newspersons on Tuesday that the State Cabinet cleared these projects ... More

Govt allows Jet, Sahara to increase flights to the UK
FROM this winter, passengers will have the choice of flying on more airlines from India when travelling to and from London. The Government has allowed two private sector airlines — Jet Airways and Air Sahara — to increase the ... More

POLITICS


ONGC Karnataka project: PM's intervention sought
KARNATAKA has criticised the Union Petroleum Minister, Mr Mani Shankar Aiyar's statement that the Rs 25,000-crore petrochemical project of ONGC in the State was not feasible. "When the Centre can grant a mega petrochemical project to Gujarat, ... More

AGRICULTURAL POLICY


Govt raises wheat buffer norm for 3 quarters
THE Ministry of Consumer Affairs, Food and Public Distribution has increased the foodgrains buffer norms for three quarters and decreased it for one. Given the revised norms, it would be a difficult task for the Government to reach the minimum ... More


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