Biography, Middle-East & Kalam on book shelf (IANS Books this Week)
July 7th, 2012 - 3:01 pm ICT by IANS
New Delhi, July 7 (IANS) The book cart this week is rejuvenating and serious. Flip through with IANS...1.Book: "Nani A. Palkiwala: A Life"; Written by M.V. Kamath; Published by ... Read more...
Posted in Life Style |
Hyundai enhances supply of its diesel powered i20 and Verna
April 16th, 2012 - 5:41 pm ICT by IANS
New Delhi, April 16 (IANS) Automobile manufacturer Hyundai Monday said it is enhancing the supply of its hatchback i20 diesel and sedan Verna diesel models."Increased supply will ease the waiting ... Read more...
Posted in Business |
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 |
Brazil’s vehicle imports went up in 2011
January 12th, 2012 - 2:08 pm ICT by IANS
Rio de Janeiro, Jan 12 (IANS) Brazil's vehicle imports grew to 199,366 units in 2011, up 87.4 percent from the year of 2010, an auto association said Wednesday.The auto imports ... Read more...
Posted in Business |
No tax hike for Maharashtra realty sector
December 22nd, 2011 - 8:31 pm ICT by IANS
Mumbai, Dec 22 (IANS) Reeling under severe inflationary pressures, Maharashtra's realty industry Thursday welcomed Chief Minister Prithviraj Chavan's assurance that the ready reckoner rates would not be revised in 2012.Ready ... Read more...
Posted in Business |
Direct tax code to come into force from April 2012: Pranab
December 7th, 2011 - 4:59 pm ICT by IANS
New Delhi, Dec 7 (IANS) The long-awaited Direct Tax Code (DTC) that seeks to simplify tax laws by lowering the tax rates and bringing more people and firms within ... Read more...
Posted in Business |
Petrol costlier in India than in neighbours, US
November 29th, 2011 - 8:22 pm ICT by IANS
New Delhi, Nov 29 (IANS) Petrol costs more in India when compared to neighbouring countries like Pakistan, Bangladesh, Sri Lanka and is even dearer than what is charged in the ... Read more...
Posted in Business |
Entertainment tax on films may come down: Soni
November 24th, 2011 - 6:10 pm ICT by IANS
Panaji, Nov 24 (IANS) Entertainment tax on films could come down as the union government is contemplating a less stringent tax structure under the Goods and Services Tax (GST) ... Read more...
Posted in Entertainment |
Bengal warns businessmen of action for not paying taxes
November 15th, 2011 - 6:02 pm ICT by IANS
Kolkata, Nov 15 (IANS) Observing that West Bengal had a low tax compliance rate, state Finance Minister Amit Mitra Tuesday urged the business community to cooperate with the government in ... Read more...
Posted in Business |
Opposition slams government over petrol price hike
September 15th, 2011 - 9:56 pm ICT by IANS
New Delhi, Sep 15 (IANS) Opposition parties Thursday slammed the government for the petrol price hike, terming it as a blow to the common man, and announced they would ... Read more...
Posted in Business |
GST panel asks centre for more flexible approach
August 19th, 2011 - 9:41 pm ICT by IANS
New Delhi, Aug 19 (IANS) An empowered committee of state finance ministers Friday urged the central government to show more flexibility in its approach to ensure timely introduction of the ... Read more...
Posted in Business |
FICCI wants flat 12 percent GST and all sectors under it
August 18th, 2011 - 7:28 pm ICT by IANS
New Delhi, Aug 18 (IANS) The proposed goods and services tax (GST) regime should have a uniform rate of 12 percent and all sectors should be covered under it as ... Read more...
Posted in Business |
India important investment destination, but challenges remain: Ernst-Young
July 11th, 2011 - 6:14 pm ICT by IANS
New Delhi, July 11 (IANS) India may still be an important investment destination for global companies but its complex tax structure, difficulty in repatriation of cash from investments and corruption ... Read more...
Posted in Business |
Excise official hints at delay in new tax regime
June 28th, 2011 - 10:26 pm ICT by IANS
Kolkata, June 28 (IANS) Citing constitutional amendments and other legislative procedures, Central Board of Excise and Customs (CBEC) Chairman S.D. Majumder Tuesday said the government's plan to roll out the ... Read more...
Posted in Business |
Left condemns fuel price hike
May 15th, 2011 - 2:41 pm ICT by IANS
New Delhi, May 15 (IANS) The four main Left parties Sunday condemned the hike in petrol prices and demanded a reversal of the policy of de-regulation of petrol pricing.The Communist ... Read more...
Posted in Politics |
Some exemptions to continue in GST system
March 7th, 2011 - 6:52 pm ICT by IANS
New Delhi, March 7 (IANS) The central government is willing to continue with some exemptions and threshold limits to ensure early implementation of the proposed goods and services tax ... Read more...
Posted in Business |
Direct taxes are major resource for undertaking development work: Pranab Mukherjee
February 26th, 2011 - 8:20 pm ICT by ANI
New Delhi, Feb 26(ANI): Union Finance Minister Pranab Mukherjee on Saturday said that direct taxes are now the major resource provider to the Central Government for undertaking developmental work.Mukherjee said ... Read more...
Posted in National |
Don’t roll back stimulus, industry urges Pranab
January 11th, 2011 - 8:57 pm ICT by IANS
New Delhi, Jan 11 (IANS) The government should further rationalise tax structure and continue with stimulus measures to sustain growth as the global economic recovery remains fragile, stakeholders of different industry ... Read more...
Posted in Business |
Pakistan’s Senate passes reformed GST bill recommendations
November 26th, 2010 - 7:19 pm ICT by IANS
By Awais Saleem
Islamabad, Nov 26 (IANS) Amidst huge uproar by the allied and opposition parties in the Senate Friday, the Pakistan government managed to pass the recommendations for levying reformed general sales ... Read more...
Posted in South Asia |
Agriculture tax proposed in Pakistan
November 25th, 2010 - 4:55 pm ICT by IANS
By Awais Saleem
Islamabad, Nov 25 (IANS) The Pakistani parliament's standing committee on finance has recommended levying agriculture tax while granting exemption to eatables, textbooks and life-saving drugs in the proposed new tax ... Read more...
Posted in South Asia |
Four states cut tax on petro products
November 18th, 2010 - 9:42 pm ICT by IANS
New Delhi, Nov 18 (IANS) Only four states have reduced the rate of tax on petroleum, Minister of State for Petroleum and Natural Gas Jitin Prasada said Thursday.This is despite the petroleum ... Read more...
Posted in Business |
High tax structure keeping away PlayStation customers: Sony
October 12th, 2010 - 9:23 pm ICT by IANS
Kolkata, Oct 12 (IANS) Sony Computer Entertainment Europe (SCEE) Tuesday said the high tax structure in India is keeping away many potential customers from its flagship product PlayStation."The PlayStation 3, which is ... Read more...
Posted in Business |
Food processing industry continues to get tax sops
September 28th, 2010 - 8:38 pm ICT by IANS
New Delhi, Sep 28 (IANS) The central government will continue to provide exemptions and rationalise tax structure for food processing units to boost its growth, it was announced Tuesday.
Food processing units ... Read more...
Posted in Business |
President Barack Obama Slams GOP Economic Ideas
September 9th, 2010 - 7:01 pm ICT by GD
By Meena Kar
Sep 9, (THAINDIAN NEWS) US President Barack Obama has slammed the GOP economic ideas saying that it favored the millionaires and did not work for the middle classes. The President ... Read more...
Posted in Politics |
DTC may result in Rs.53,000 crore revenue loss
August 30th, 2010 - 11:23 pm ICT by IANS
New Delhi, Aug 30 (IANS) The Direct Taxes Code (DTC) is likely to result in a revenue loss of Rs.53,172 core in the first year of implementation, Revenue Secretary Sunil Mitra said ... Read more...
Posted in Business |
Direct Tax Code bill introduced in Lok Sabha
August 30th, 2010 - 6:53 pm ICT by IANS
New Delhi, Aug 30 (IANS) In step with the needs of the Indian economy which is now the third largest in Asia, the government Monday tabled a bill to replace archaic ... Read more...
Posted in Business |
New legislation soon to curb illegal mining
August 27th, 2010 - 12:50 am ICT by IANS
New Delhi, Aug 26 (IANS) Mines Minister B.K. Handique Thursday said his ministry was working to finalise a new legislation to give more powers to the government to investigate complaints of illegal ... Read more...
Posted in Business |
Cabinet clears direct tax code bill
August 26th, 2010 - 10:15 pm ICT by IANS
New Delhi, Aug 26 (IANS) The cabinet Thursday cleared a simplified Direct Tax Code to replace the 50-year-old Income Tax Act and free people from the clutches of chartered accountants and ... Read more...
Posted in Business |
Don’t infringe rights of states: DMK tells Centre
August 24th, 2010 - 9:32 pm ICT by IANS
Chennai, Aug 24 (IANS) The ruling DMK party in Tamil Nadu Tuesday urged the central government to desist from actions that infringe upon the state's rights and expressed opposition to the ... Read more...
Posted in Politics |
Cooperate on GST, Pranab urges states (Lead)
August 5th, 2010 - 10:20 pm ICT by IANS
New Delhi, Aug 5 (IANS) Finance Minister Pranab Mukherjee Thursday urged Rajya Sabha members to push their state governments for a goods and services tax (GST) regime, a day afer the ... Read more...
Posted in Business |
Let’s all back uniform goods, service tax regime: Mukherjee
August 4th, 2010 - 3:39 pm ICT by IANS
New Delhi, Aug 4 (IANS) Finance Minister Pranab Mukherjee Wednesday made a plea to all political parties to help implement a pan-India goods and services tax from April next year by ... Read more...
Posted in Business |
India celebrates 150 years of income tax department
July 24th, 2010 - 7:35 pm ICT by IANS
New Delhi, July 24 (IANS) India Saturday celebrated 150 years of the Income Tax Department in the country -- a period that saw the mop-up grow from a mere Rs.1.33 crore ... Read more...
Posted in Business |
Manmohan seeks states support on GST implementation
July 24th, 2010 - 3:14 pm ICT by IANS
New Delhi, July 24 (IANS) Prime Minister Manmohan Singh Saturday sought the support of states in the government's efforts to implement a uniform taxation regime on goods and services across the ... Read more...
Posted in Business |
India celebrates 150 years of income tax from Saturday
July 23rd, 2010 - 8:21 pm ICT by IANS
New Delhi, July 23 (IANS) India Saturday kicks off celebrations to mark 150 years of its Income Tax Department since British rule -- a period that saw the mop-up grow from ... Read more...
Posted in Business |
States will not lose out on revenues post GST: Pranab
July 22nd, 2010 - 9:42 pm ICT by IANS
New Delhi, July 22 (IANS) Finance Minister Pranab Mukherjee Thursday assured states that they would not lose out on revenue in the aftermath of the implementation of the new goods and ... Read more...
Posted in Business |