|
|
INDUSTRY & ECONOMY
EXCISE AND CUSTOMS:
Basic customs duty on jet fuel goes; IOC cuts price
But airlines hold out no promises on fare cuts. New Delhi, Oct. 31 The basic customs duty of five per cent on aviation turbine fuel (ATF) has been completely removed. The sale price of ATF has also been reduced by 15-17 per cent across the four ...
ECONOMY:
S&P outlook on India’s long-term rating remains stable
Affirms ‘BBB-’ long-term and ‘A-3’ short-term ratings. Mumbai, Oct. 31 International ratings agency Standard and Poor’s affirmed its ‘BBB-’ long-term and ‘A-3’ short-term sovereign credit ...
ECONOMY:
Sun shines on the industrial front
The Andhra Pradesh Government is doing everything possible to woo investors to spur economic activity in the State. It is providing the industry with all possible support and help.As per Government data, the State achieved an ...
REAL ESTATE & CONSTRUCTION:
Understatement in real-estate deals
A chronic problem concerning taxation of gains in real-estate transactions relates to the understatement with regard to the valuation of properties. The Government has tried several ways to combat the menace of black money generated by ...
PSU:
Cabinet approves revival of HFCL Barauni unit
National Fertiliser, RCF, Kribhco to jointly revive the unit. New Delhi, Oct. 31 Public sector fertiliser companies — National Fertilisers Ltd (NFL) and Rashtriya Chemicals and Fertilisers Ltd (RCFL) — along with the second largest ...
FOREIGN DIRECT INVESTMENT:
ILFS-ORIX among 40 FDI plans cleared
New Delhi, Oct. 31 A proposal from ILFS-ORIX Trust Company Ltd to bring in foreign direct investment (FDI) worth Rs 400 crore from Foreign Offshore Fund by issuing units of the Trust was among the 40 FDI proposals approved by the Government ...
PETROLEUM:
Rural India continues to be deprived of LPG, electricity
Urban areas better placed; 88% of rural Bihar uses kerosene. New Delhi, Oct. 31 Less than one in 10 rural households use liquefied petroleum gas (LPG) as their major ...
TAXATION:
Meet to rectify SEZ tax anomaly inconclusive
Distortion in computation of taxable income. New Delhi, Oct. 31 The Empowered Group of Ministers (eGoM) for Special Economic Zones (SEZ) on Thursday met inconclusively on setting right the anomaly about Section 10 AA of the Income Tax Act which ...
EDUCATION:
Cabinet okays South Asian University Bill
New Delhi, Oct 31 The proposed South Asian University Bill has received the Union Cabinet’s nod to be presented before ...
STEEL:
Govt scraps export duty on select steel products
New Delhi, Oct 31 To encourage Indian steel makers to export despite falling global prices, the Government today withdrew the export duty on certain steel products like pig iron, iron and steel ingots, bars, rods, angles, shapes and ...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
|
RSS Feeds