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WEB EXTRAS
OUTLOOK:
Is inflation-adjusted tax system feasible?
With inflation rate running in double digits since the last two months, and with not signs of it falling in the near term, an issue that needs to be looked at consideration is whether the Income-Tax Act should be indexed for ...
REAL ESTATE & CONSTRUCTION:
FIPB rejects ICP plan to buy 2i Capital stake in Umang Realtech
The Foreign Investment Promotion Board (FIPB) has turned down a proposal by ICP Investments (Mauritius) to buy-out 2i Capital’s 40 per cent holding in Umang Realtech (a company where Uppal Housing holds the balance stake) citing a three ...
OUTLOOK:
‘India can become global hub for packaging’
New Delhi, Aug. 8 Despite the boom created by the retail and FMCG sectors, the packaging industry is reeling under margin pressures essentially caused by a rise in raw material prices. Industry players note that India can become the ...
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