The Hindu Business Line : Saturday, January 04, 2003

President okays 4 Bills
THE President has given his assent to the Companies (Amendment) Bill, 2002, the Cable Television Networks (Amendment) Bill, 2002, the Transfer of Property (Amendment) Bill, 2002 and the Indian Evidence (Amendment) Bill, 2002. The Companies ... More

POLITICS

Barnala assumes office as AP Governor
THE former Punjab Chief Minister and a senior Akali Dal leader, Mr Surjit Singh Barnala, was today sworn in as Governor of Andhra Pradesh here at a simple ceremony. He took over from Dr C. Rangarajan, who has moved over to head the 12th ... More

TAXATION

TN cuts luxury tax on hotels
The hospitality industry welcomed this move but expressed disappointment that the tax continued to be on the published rate and not on the actual tariff paid by the customer, as desired by the industry. More

TN: Sales tax on handsets lowered
THE Tamil Nadu Government has cut sales tax on mobile handsets in a bid to encourage open market sales and buoy up its own revenues, according to industry sources. It has also come out with ordinances slashing entertainment tax and luxury tax, ... More

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