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Monday, August 19, 2002

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Service tax Act soon
States have been pressing for the enactment of a legislation that would enable them to tax services. The demand was reiterated at a recent meeting of the high-powered committee of Finance Ministers to assess the fiscal situation of the States. More

Too crowded to hang on, say mobile cos
HOW healthy can competition be? Not much, if the mobile telephony providers in the country are to be believed. India could soon boast of the distinction of having, technically speaking, up to 7 to 8 mobility providers in individual telephony ... More

Ministry to hold fresh talks on UTI revamp
ARMED with a mandate from the Group of Ministers to nurse the Unit Trust of India (UTI) back to health, the Finance Ministry will hold fresh parleys with UTI to firm up a comprehensive restructuring package. The Finance Secretary, Dr S. ... More

Petronet LNG set to sign sales pact with gas users
THE element of uncertainty surrounding LNG imports into India, especially after failed bids of energy giants Enron and TotalFina, may finally end with Petronet LNG all set to sign the agreement to sell gas to local consumers. Petronet LNG, a ... More


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