• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Correspondent

Madurai, July 31

The Ramanathapuram Chamber of Commerce (RCC), while hailing the State Government's decision to introduce value-added tax system from next year, has suggested that its introduction be postponed to April 1 instead of January 1.

In a resolution passed at its executive committee meeting held on Tuesday, the Chamber said the accounting year for traders is from April to March and acceptance of the suggestion would help avoid confusion regarding calculation and submission of tax.

In another resolution, the Chamber has thanked the Government for exempting sales tax on dhal pulses and cooking oil. The announcement of an Rs 671- crore scheme to bring Cauvery water to Ramanathapuram district was a welcome step, it added.

More Stories on : Taxation | Industry Associations | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
India a better place to invest than China, says Forbes survey

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line