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GOVERNMENT
POLICY:
Excise waived for goods used in ultra mega power projects
No countervailing duty on equipment supplies from abroad. New Delhi, Aug. 15 Fiscal sops have been given for equipment supplies to ultra mega power projects (UMPPs). The Finance Ministry has granted excise duty exemption to goods procured for ...
POLITICS:
DoT rejects Amar Singh’s spectrum pricing formula
Proposes lower one-time charge. New Delhi, Aug. 15 The Department of Telecom (DoT) has rejected the Samajwadi Party leader Mr Amar Singh’s formula for levying a charge on GSM-based mobile operators with excess spectrum over 6.2 Mhz. ...
POLICY:
GoM set to clear crop insurance for plantations
To provide insurance against input costs, crop loss due to weather. New Delhi, Aug 15 The Rs 729-crore crop insurance scheme for the plantation industry to benefit the growers of tea, rubber, tobacco and spices spread over a span of five years ...
POLITICS:
Independence Day celebrations
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