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POLICY
Service tax relief for inbound, domestic tourist packages
The Finance Ministry has decided to soften the service tax blow on both inbound and domestic tourist packages. The revenue department has agreed to increase the abatement level for levy of service tax purposes from the existing 60 to 75 ... More

POLITICS
CPI(M) opposes use of PSU funds in markets
New Delhi, July 29 The CPI (M) has said that the surplus fund available with central public sector enterprises (CPSEs) could have been used for infrastructure projects and social sector schemes.Describing the use of public sector funds ... More

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