The Hindu Business Line : Saturday, March 01, 2003

Reva decides to slash prices
REVA Electric Car Company (RECC) has reduced the price of its cars between Rs 13,000 and Rs 31,500 after the Finance Minister announced duty cuts for electric cars. The reduction in prices varies from one State to another depending on the local ... More

Toyota to cut price; Volvo may not
TOYOTA Kirloskar Motor Ltd is expected to reduce prices of its cars and multi-purpose vehicles following the announcement of reduction in excise duty by 8 per cent to 24 per cent. "We are planning to pass on the benefit to the customers," the ... More

REACTIONS

Car makers upbeat about sales volumes
THE proposed excise reduction for motor vehicles from 32 per cent to 24 per cent in the Union Budget 2003-04 has given automobile manufacturers something to cheer about. In an upbeat mood, Mr Jagdish Khattar, Managing Director, Maruti Udyog ... More

`Calamity duty on two-wheelers unjustified'

Dividend tax removal hailed

`Hike in excise duty on cement unnecessary'

Cement industry sore over hike in excise duty

Pharma sector hails sops

COURTS/LEGAL ISSUES

Gujarat Ambuja plan gets HC nod

TAXATION

Addl surcharge: No major impact
THE income-tax surcharge of 5 per cent imposed in the 2002-03 Budget has been withdrawn for individual tax payers in the 2003-04 Budget. For the corporate sector, the surcharge has been slashed by half to 2.5 per cent. The total net savings ... More

ALLIANCES & JOINT VENTURES

ONGC signs pact with IOC to sell crude

Scoreboard
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line