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$1.3-b overseas borrowings -- Reliance set to pay hefty withholding tax
THE Government has taken a final view to deny tax benefits to Reliance Industries Ltd (RIL) in the form of an exemption on withholding tax on external commercial borrowings (ECBs) aggregating $1.3 billion raised by the company prior to ...
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BSNL objects to TRAI's default traffic system
"This arrangement implies that the choice of the long-distance operator now rests with the access provider, and not with the customer. The equalisation of metered calls is also not guaranteed by simply prescribing a switchover on alternate days."
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French tractor major buys out Thapars in 2 ventures
THE fourth largest tractor manufacturer in the world, SAME Deutz-Fahr Group SpA (SAFGS) of France, is buying out its Indian partners, the Thapars, in its two joint ventures in India for an undisclosed amount. The French company has two joint ...
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20% cut in direct tax collection target likely
THE steep decline in corporate tax collections has forced the Finance Ministry to consider an over 20-per cent cut in the budgeted direct tax collection target for 2001-02. According to officials, the direct tax collection target may be scaled ...
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Recruit as you browse with Monster.com
GOOD news for employers and recruiters! They can now manage the entire recruiting process through Internet browser. Monsterindia.com, the Hyderabad-based joint venture initiative between the US-based $440-million Monster.com and the ...
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