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Monday, March 04, 2002

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INDUSTRY & ECONOMY

BUDGET


`Taxation policy must be consistent'
Corporates, which are already contributing much to the Exchequer, will be driven to the wall by the Government wanting to meet its targets. More

Charity, trust funds mayface tougher I-T norms
THE Finance Ministry may consider a further squeeze in the time limit prescribed for accumulation of income by charitable institutions and trusts in the coming years, according to the Revenue Secretary, Dr S. Narayan. The stage has been set for ... More

Budget sets time limit for settlement of I-T cases -- Transfer pricing norms to be fine-tuned
FOR the first time, the Budget for 2002-03 sets time limit for disposal of income-tax cases by the Settlement Commission and for facilitating recovery of taxes "at low cost''. The second important related proposal is to take away the power of ... More

PSU


Kerala PSU signs pact for rubber dams
THE State-owned Steel Industrials Kerala Ltd (SILK) has signed an agreement with Hydroconstruct of Austria for construction of rubber dams in the State and other parts of the country. The Austrian company has over 25 years of expertise in the ... More

JUTE


Jute sector flush with funds -- Doubts over absorption capacity
THE jute industry is witnessing a flurry of fresh investments in greenfield projects, with more than Rs 300 crore having already been pumped into the sector and another Rs 100 crore expected to come in soon. Apart from this, the industry is ... More

GRANITE & MARBLE


New duty irks granite SSIs
THE Union Budget for 2002-2003 and its excise duty structure as applicable to the granite industry seem to have created a problem for the granite industry. Small-scale granite producers in the country are now up in arms against the Finance ... More

DISINVESTMENT


Budget 2002-03 -- Sinha errs on the side of caution
THE Finance Minister, Mr Yashwant Sinha, has missed an opportunity to provide a big thrust to the growth process. The thrust of the 2002-03 Budget, his fifth, is on agriculture and infrastructure development to stimulate the growth of the ... More
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Top Stories
Corporate governance failure at Enron


Sinha steers sops transport sector way

Reliance Ind, Petro boards fix merger swap at 1:11

Aptech to consolidate overseas operations -- Plans Rs 10-cr expansion

Bond yields trip on tame rate cut

FMC cancels permission to PWC consortium -- Fresh bids soon for futures exchange

Budget 2002-03 -- Sinha errs on the side of caution

`Taxation policy must be consistent'

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Feb. 24-Mar. 2
Policy for workers' security needed: PM

CII plea to widen tax net

Disinvestment, Budget moves to set the tone for next rally

Mitsui pulls out of race for SCI stake

Tough agenda for Finance Minister

DCA seeks details about Hutchison equity pattern

Put reforms on the fast track: Narayanan

Cut deficit, lift growth: Survey

10 PSUs to be divested by March

Cabinet committee meet on HPCL, BPCL sell-off today

Daunting task ahead of Sinha

Exports up 1.56 pc in Apr-Jan

No highs for breweries, distilleries

Sinha lands a knock-out punch -- Rs 12,700 cr extra taxes on individuals, corporates

10 more services come under tax net -- Rs 1,400-cr additional mop-up seen

Oil sector deregulation: A(nother) P(erfect) M(anipulation)

Changes galore for individual taxpayers

Sinha for linking interest rates to inflation

`One can't have a road-map every year'


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