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Monday, April 11, 2005

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PAN may be mandatory for large single-day cash drawals — 'Withdrawal tax' likely to be dropped
THE Banking Cash Transaction Tax (BCCT) endgame is getting intriguing. While the tax on cash withdrawals proposed in the Budget could well be dumped, the Ministry of Finance is drawing up a strategy to ensure that those who are using the banking ... More

How much does export promotion cost?
THE differences between finance and commerce ministries over tax breaks for export promotion have thrown up a larger issue for debate — how much does it cost the country to run the various schemes for exporters? According to highly placed ... More

S&P hikes offer price for Crisil to Rs 775
THE global rating agency Standard & Poor's has raised the price of its open offer for Crisil's share to Rs 775. The offer was earlier priced at Rs 680 per share. At the same time, S&P has also increased the offer size by 10 percentage points More

Power exchange: Task force on global tour to select ideal model
A NATION-WIDE wholesale market for electricity, benchmarked to the best in the world, could soon be in the offing. As a first step towards having an efficient power exchange in the country, a high-powered Task Force comprising officials from ... More

Panna-Mukta-Tapti — NTPC refuses to pay revised prices
THE state-owned National Thermal Power Corporation (NTPC), the largest consumer of gas along the GAIL (India) Ltd's Hazira-Vijapur-Jagdishpur (HVJ) pipeline, has refused to shell out higher gas prices from the Panna-Mukta-Tapti (PMT) of the ... More

Liquidity may decide market direction
Perceptions are tradable on the market. Hence, apparent contradictions are not always real. More



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