INDUSTRY & ECONOMY
ECONOMY
70% households without elders, says survey
New Delhi, Aug. 4 Close to 2.2 per cent of males and around 4.1 per cent of females in the country get married below the legal age, according to the Baseline Survey Report: 2004. The report also states that about 71 per cent of households in ...
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23 sectors record over 20% growth, says CII survey
New Delhi, Aug. 4 Cold rolled steel strips, pig iron, textile machinery, industrial gases, electric fans, microwave ovens are some of the sectors that reported growth rate of more than 20 per cent in the April to June period of the current ...
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HOTELS
Entrepreneurs eye boutique hotels
As the service sector witnesses a boom
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PETROLEUM
NELP VII auctions to begin in Nov
85 oil, gas blocks will go under the hammer
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TAXATION
‘Increasing importance of indirect taxes in revenue gathering’
Chennai, Aug. 4 KPMG has released its Corporate and Indirect Tax Rate Survey 2007, which analyses the taxation patterns over 15 years across 92 nations. For the first time, the survey has included indirect tax rates such as Value Added Tax ...
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TEXTILES
Arvind Lalbhai: He reinvented textile industry
Ahmedabad, Aug. 4 Arvind N. Lalbhai, 89, who died on Friday, was as well known for the denims named after him as he was for his philanthropic activities and his sense of gratitude to the textile workers who had made Rs 1,900-crore Arvind ...
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GENDER
Lanco Trust in pact to help trafficking victims
Hyderabad, Aug. 4 Lanco Institute of General Humanitarian Trust (Light), a corporate social responsibility arm of the Lanco group, has signed up with the Geneva-based, International Organisation for Migration (IOM), to assist people trapped ...
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FOREIGN DIRECT INVESTMENT
UK urges India to open up financial, legal sectors
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WTO
UNIDO tops in tech assistance
The United Nations Industrial Development Organisation (UNIDO) has become the largest provider of trade-related technical assistance among UN Organisations, according to the World Trade Organisation/OECD joint Doha Development Agenda Trade ...
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INCOME TAX
e-Payment of direct taxes mandatory from next year
Hyderabad, Aug. 4 e-Payment of direct taxes would be mandatory for corporate taxpayers and taxpayers who come under the purview of Section 44AB with effect from January 1, 2008. For e-payment of taxes, the taxpayers would require a Net ...
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Teacher with a tax problem
I am a teacher and my income from salary after taking into account all deductions under Section 80-C is Rs 92,000. I also have a profit of Rs 7,000 from dealing in shares, which were held by me for a period not exceeding 12 ...
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EXPORTS & IMPORTS
Raise drawback rates to 5%: FICCI
New Delhi, Aug. 4 Concerned over the recent slowdown in exports, the Federation of Indian Chambers of Commerce and Industry (FICCI) has sought enhanced relief package for exporters to counter the impact of rupee appreciation. The ...
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