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Service tax exemption likely for special economic zones
THE Finance Ministry may provide service tax exemption to all units operating in special economic zones (SEZs) in the forthcoming Exim Policy whose focus will be to cut transaction costs and make exports more competitive. The Ministry was also ...
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Govt weighing post-APM options on petro prices
THE Petroleum Ministry is weighing the options to maintain the prices of petrol, diesel, LPG and kerosene at the current levels, just a week before prices are to be freed. It will be forwarding its suggestions to the Finance Ministry shortly, ...
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I-T waiver may cost Rs 1,500 cr
THE Government would end up foregoing over Rs 1,500 crore if it were to allow units in the special economic zone (SEZ), free trade zones and software technology parks to claim 100 per cent deduction under Section 10A and 10B of the Income-Tax Act ...
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One-time settlement of SEB dues approved
THE Government has approved a scheme of one-time settlement (OTS) of the outstanding dues to ensure timely payment of dues by State electricity boards to Central public sector undertakings (CPSU). The scheme was approved by the Cabinet ...
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Competition hots up among sports channel -- Only those with `rights' can run
IT will be a fight to the finish. After entertainment and music channels, competition is now hotting up among sports channels. Besides ESPN-Star Sports and DD Sports, the market is abuzz with rumours of Sony Entertainment Television (SET) ...
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