The Hindu Business Line : Thursday, December 19, 2002

Interest waived on kharif loans — Banks to bear brunt of Rs 2,000-cr loss
BOWING to pressures from the Agriculture Ministry and State Governments, the Centre has decided to grant a complete interest waiver on crop loans availed of by farmers during the drought-affected 2002 kharif season. The move - formally ... More

IA fleet expansion delay adds Rs 120 cr to cost
AT a time when the Government is harping on pruning wasteful expenditure and reducing transaction costs, it is ironic that delay on its (Government's) part may lead to higher cost of fleet acquisition for Indian Airlines (IA). Sources told ... More

Statute change for service tax cleared
THE Union Cabinet on Wednesday decided to bring in a Constitutional amendment, which will provide for the formal levy of tax on services by the Centre and enable the States to collect and appropriate the proceeds of the levy. Currently, tax on ... More

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