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Punjab opposes service tax on foreign remittances


July 8th, 2012 - 3:57 pm ICT by IANS
Chandigarh, July 8 (IANS) Punjab, which has a substantial NRI population has opposed the 12 percent service tax on remittances from foreign countries, an official said Sunday. The cess ... Read more...

Posted in Health Science |

Land bank, affordable housing scheme in Ghaziabad


June 26th, 2012 - 10:10 pm ICT by IANS
Ghaziabad, June 26 (IANS) Land bank will be created for various residential and commercial projects here and its acquisition process will be streamlined, the Ghaziabad Development Authority (GDA) said Tuesday. ... Read more...

Posted in Business |

Supreme Court to review BOT policy (Lead)


May 9th, 2012 - 9:31 pm ICT by IANS
New Delhi, May 9 (IANS) The Supreme Court Wednesday indicated that it would take a look at the government's build-operate-transfer (BOT) policy that allows private operators to build roads ... Read more...

Posted in Business |

‘Assam losing revenue as Bodo tea growers sell to Bengal’


March 25th, 2012 - 5:03 pm ICT by IANS
Guwahati, March 25 (IANS) Small tea growers in the four Bodoland Territorial Area Districts (BTAD) in Assam are forced to sell their green leaves to markets in neighbouring West Bengal ... Read more...

Posted in Business |

Revenue loss for Assam as Bodo area tea goes to Bengal


March 24th, 2012 - 8:42 pm ICT by IANS
Guwahati, March 24 (IANS) The Assam government has been losing a huge sum of revenue as tea growers in the four Bodoland Territorial Area Districts (BTAD), on the north bank ... Read more...

Posted in Business |

Liquor and cigarettes prices raised on public demand: Dhumal


March 20th, 2012 - 5:52 pm ICT by IANS
Shimla, March 20 (IANS) The Himachal Pradesh government's decision to raise the prices of cigarettes and liquor was based on the wishes of the people of the state, Chief Minister ... Read more...

Posted in Uncategorized |

Land and vehicle taxes up; liquor to cost more in Kerala


March 19th, 2012 - 5:48 pm ICT by IANS
Thiruvananthapuram, March 19 (IANS) Land and vehicle taxes will go up in Kerala from next month. And so would the prices of cigarettes and liquor, according to the Rs.289.25 crore ... Read more...

Posted in Business |

BJP manifesto promises Goa Lokayukta within 100 days


February 19th, 2012 - 5:21 pm ICT by IANS
Panaji, Feb 19 (IANS) The Bharatiya Janata Party (BJP) will institute a Lokayukta in Goa within 100 days of coming to power, according to the party's poll manifesto released ... Read more...

Posted in Politics |

Will raise money if finance ministry doesn’t help: Trivedi


February 17th, 2012 - 8:47 pm ICT by IANS
New Delhi, Feb 17 (IANS) Railway Minister Dinesh Trivedi said Friday his ministry would raise its own funds if the finance ministry does not provide funds. A high-level panel ... Read more...

Posted in Politics |

Cess on diesel vehicles regressive: Ford India


February 16th, 2012 - 9:54 pm ICT by IANS
Chennai, Feb 16 (IANS) Levying a cess on diesel car is not a right approach but the price of diesel could be hiked slightly to earn revenue, a top official ... Read more...

Posted in Business |

Workers’ welfare boards’ accounts to be audited: Apex court (Lead)


February 8th, 2012 - 11:45 pm ICT by IANS
New Delhi, Feb 8 (IANS) The Supreme Court has said that accounts of all state welfare boards set up for collecting cess and disbursal of funds under schemes meant for ... Read more...

Posted in Business |

Workers’ welfare boards to face government auditor: Apex court


February 8th, 2012 - 11:08 pm ICT by IANS
New Delhi, Feb 8 (IANS) The Supreme Court has said that accounts of all state welfare boards set up for collecting cess and disbursal of funds under schemes meant for ... Read more...

Posted in Business |

Vedanta buys out Cairn’s India subsidiary


December 8th, 2011 - 8:06 pm ICT by IANS
Mumbai, Dec 8 (IANS) British oil explorer Cairn Energy Thursday said it has completed with Anil Agarwal-promoted Vedanta Group the transaction for the sale of 40 percent of its stake ... Read more...

Posted in Business |

Vedanta meets all conditions for stake buy out: Cairn


December 7th, 2011 - 9:35 pm ICT by IANS
Mumbai, Dec 7 (IANS) Oil explorer Cairn Energy Wednesday said it will go ahead with the sale of 40 percent of its stake in the India subsidiary to Anil Agarwal-promoted ... Read more...

Posted in Business |

Bengal should impose ‘green cess’ on electricity: Expert


November 21st, 2011 - 6:03 pm ICT by IANS
Kolkata, Nov 21 (IANS) The West Bengal government needs to impose a nominal "green" cess on electricity so that it has sufficient funds to dole out fiscal incentives which can ... Read more...

Posted in Uncategorized |

Punjab to export rice worth Rs.2,500 crore


October 5th, 2011 - 2:25 pm ICT by IANS
Chandigarh, Oct 5 (IANS) Punjab will export nearly one million tonnes of non-basmati rice worth Rs.2,500 crore in the current season (2011-12), officials said here Wednesday.The move follows a recent ... Read more...

Posted in Business |

ONGC approves Cairn-Vedanta deal


September 28th, 2011 - 7:01 pm ICT by IANS
Mumbai, Sep 28 (IANS) In a relief to Anil Agarwal-promoted Vedanta Group, state-run Oil and Natural Gas Corp has agreed to it buying the India assets of Britain-based Cairn Energy, ... Read more...

Posted in Business |

Cairn Energy tells Indian arm to accept government terms


August 23rd, 2011 - 4:51 pm ICT by IANS
Mumbai, Aug 23 (IANS) London-based oil major Cairn Energy's board Tuesday voted in favour of accepting conditions laid out by the government for allowing sale of 40 percent of its ... Read more...

Posted in Uncategorized |

We’re in dire straits: Kerala distilleries


August 19th, 2011 - 8:04 pm ICT by IANS
Thiruvananthapuram, Aug 19 (IANS) Even as liquor sales and revenue from taxes on liquor sales are shooting up, the 11 private distilleries in Kerala say they are in dire straits ... Read more...

Posted in Uncategorized |

Punjab offers incentives for new textile units


July 17th, 2011 - 9:40 pm ICT by IANS
Chandigarh, July 17 (IANS) To attract textile companies to set up units in the cotton belt of southwest Punjab, the state government Sunday announced a comprehensive package of incentives for ... Read more...

Posted in Uncategorized |

Environmentalists slam move for cess on hotels near reserves


June 4th, 2011 - 1:04 pm ICT by IANS
New Delhi, June 4 (IANS) Environmentalists have slammed the environment ministry's proposal to increase the cess on all privately-run tourist facilities located close to protected areas.The decision will have negative ... Read more...

Posted in Uncategorized |

Funds remain main worry for expanding India’s rail network


February 25th, 2011 - 7:30 pm ICT by IANS
New Delhi, Feb 25 (IANS) Despite a record investment of Rs.57,630 crore ($12.7 billion), proposed by Railway Minister Mamata Banerjee in her latest rail budget, funding projects for the world's second ... Read more...

Posted in Business |

Yeddyurappa presents surplus budget, levies fresh taxes


February 24th, 2011 - 4:49 pm ICT by IANS
Bangalore, Feb 24 (IANS) Karnataka Chief Minister B.S. Yeddyurappa Thursday presented a surplus budget for fiscal 2011-12, with tax proposals to mobilise an additional Rs.1,020 crore.Presenting the budget in two parts, with ... Read more...

Posted in Business |

Environment ministry clears ropeway in Gir sanctuary


February 7th, 2011 - 5:17 pm ICT by IANS
New Delhi, Feb 7 (IANS) The environment ministry Monday gave its clearance for the construction of a ropeway in the Girnar Wildlife Sanctuary in Gujarat, the only home to Asiatic lions, despite ... Read more...

Posted in Environment |

Fuel price hike: Trinamool Congress to stage statewide protest rallies


January 17th, 2011 - 12:36 pm ICT by ANI
Kolkata, Jan 17 (ANI): The Trinamool Congress will hold statewide protest rallies here today against the UPA government's decision to increase fuel price.Trinamool Chief Mamata Banerjee has said her party ... Read more...

Posted in National |

Rs.2,837 crore collected for construction workers’ welfare


August 19th, 2010 - 12:45 am ICT by IANS
New Delhi, Aug 18 (IANS) The government has collected Rs.2,837 crore as cess to be spent on the welfare of construction workers across the country, parliament was informed Wednesday. In a written reply ... Read more...

Posted in Business |

Government moots cess on plastic usage


August 17th, 2010 - 6:37 pm ICT by IANS
New Delhi, Aug 17 (IANS) The government is mulling levying a cess on plastic usage at the rate of 0.5 percent of the manufacturing or import price of the material to set ... Read more...

Posted in Business |

Trinamool will not pull down UPA government: Mamata


July 31st, 2010 - 11:13 pm ICT by IANS
Kolkata, July 31 (IANS) Trinamool Congress would do nothing to pull down the United Progressive Alliance (UPA) government, though it was concerned over the recent fuel price hike, party chief and ... Read more...

Posted in Politics |

West Bengal: Talks fail between government, transporters


July 28th, 2010 - 11:32 pm ICT by IANS
Kolkata, July 28 (IANS) A meeting between the West Bengal government and transport operators on a fare hike failed Wednesday with the operators indicating that they would now go for a strike ... Read more...

Posted in Business |

Power sector losses unsustainable: PM


July 24th, 2010 - 4:55 pm ICT by IANS
New Delhi, July 24 (IANS) Hinting that hugely subsidised power to farmers was hindering the growth of the energy sector and making it unsustainable, Prime Minister Manmohan Singh Saturday urged all ... Read more...

Posted in Business |

West Bengal rules out fare hike


July 18th, 2010 - 12:03 am ICT by IANS
Kolkata, July 17 (IANS) West Bengal's ruling Left Front Saturday ruled out any hike in public transport fares but said a meeting of state finance ministers July 21 in New Delhi will ... Read more...

Posted in Business |

‘Increase cess on mining; granting of leases should be transparent’


June 20th, 2010 - 12:41 pm ICT by IANS
Panaji, June 20 (IANS) The cess on mining needs to be increased significantly and the revenue generated should be earmarked for development of infrastructure in specific areas where mineral exploration is being ... Read more...

Posted in Business |

West Bengal small tea gardeners demand relief to protect tea industry


June 15th, 2010 - 5:48 pm ICT by ANI
Siliguri (West Bengal), June 15 (ANI): Small tea garden owners in West Bengal's Siliguri city have demanded relief by way of subsidies on fertilizers and tax exemptions to protect the industry.At the ... Read more...

Posted in National |

20-km-a-day roadmaking is a financial strain: NHAI chief


May 12th, 2010 - 10:57 pm ICT by IANS
New Delhi, May 12 (IANS) The target of building 20 kilometres of road per day has led to a "huge financial strain" on the government that is funding highway development programmes through ... Read more...

Posted in Business |

Goa asks mining industry to pitch in Rs.500 crore


March 25th, 2010 - 11:37 pm ICT by IANS
Panaji, March 25 (IANS) After failing to implement a green cess on mining rejects proposed in the last budget, the Goa government Thursday proposed a mineral development fund (MDF), underwritten and developed ... Read more...

Posted in Politics |

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