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Govt moots waiving airport fees in tier II, tier III airports

May 22, 2013 at 17:49 | Source: FirstPost

The Ministry of Civil Aviation is rethinking its earlier decision of doing away with route dispersal guidelines (RDG), which make it necessary for all airlines to mount flights to remote areas like the North East. Instead, it is now thinking of offer...

Veerappa Moily asks Kelkar panel to suggest roadmap for freeing gas prices

May 21, 2013 at 19:26 | Source: Economic Times

NEW DELHI: Oil Minister M VeerappaMoily has asked the Vijay Kelkar panel on energy security to suggest roadmap for freeing natural gas prices by March 2017. Moily expanded the terms of reference (ToR) of the panel he appointed in March to prepare a ...

Finance Ministry implements amnesty scheme for service tax defaulters

May 20, 2013 at 07:37 | Source: Economic Times

NEW DELHI: Aimed at widening revenue from indirect tax, the Finance Ministry has implemented one-time amnesty scheme for service tax defaulters to pay their due without any penalty or late payment charges. The 'Voluntary Compliance Encouragement Sch...

Finance Ministry implements amnesty scheme for service tax defaulters

May 19, 2013 at 17:26 | Source: Financial Express

Aimed at widening revenue from indirect tax, the Finance Ministry has implemented one-time amnesty scheme for service tax defaulters to pay their due without any penalty or late payment charges. The 'Voluntary Compliance Encouragement Scheme', which...

Finance Ministry implements amnesty scheme for service tax defaulters

May 19, 2013 at 17:26 | Source: The Hindu BusinessLine

New Delhi, May 19: Aimed at widening revenue from indirect tax, the Finance Ministry has implemented one-time amnesty scheme for service tax defaulters to pay their due without any penalty or late payment charges.The ‘Voluntary Compliance Enco...

No penalty on late payment: FM implements amnesty scheme for service tax defaulters

May 19, 2013 at 17:05 | Source: FirstPost

New Delhi: Aimed at widening revenue from indirect tax, the Finance Ministry has implemented one-time amnesty scheme for service tax defaulters to pay their due without any penalty or late payment charges.The 'Voluntary Compliance Encouragement Schem...

LBT impasse: Traders ask Maharashtra CM Prithviraj Chavan to intervene to end strike

May 15, 2013 at 19:22 | Source: DNA India

The apex traders body CAIT on Wednesday asked Maharashtra Chief Minister Prithviraj Chavan to intervene effectively to end the indefinite strike called by traders against the Local Body Tax (LBT). Traders have been demanding the rollback of LBT for ...

BSE Sensex logs 490 pts gain; Nifty scores 150

May 15, 2013 at 18:17 | Source: DomainB

Equity benchmarks logged their biggest single day gain in 28 months, as India joined the ongoing party in emerging markets. The Sensex jumped 490 points to close at 20212.96, after touching a 28-month high of 20241.96 intra-day. The Nifty touched a ...

ONGC, OIL want refiner discount cut as crude falls

May 14, 2013 at 03:42 | Source: Financial Express

While the government and oil marketing companies (OMCs) seek to bolster their bottom lines with the recent fall in global crude oil prices and the phased deregulation of diesel prices, upstream oil companies are left high and dry. According to sourc...

Mumbai trade strike against LBT: Estimated losses at Rs 75000 cr

May 09, 2013 at 11:08 | Source: FirstPost

A large number of retailers, wholesellers and manufacturers in Mumbai remained on strike for the third day on Wednesday and their counterparts in Thane, Pune and Pimpri-Chinchwad as the stalemate over Local Body Tax (LBT) in Maharashtra continued as ...

Strike against LBT intensifies in Mumbai

May 09, 2013 at 08:32 | Source: DNA India

A large number of retailers, wholesalers and manufacturers in Mumbai remained on strike for the third day on Wednesday as the stalemate over Local Body Tax (LBT) in Maharashtra continued. A delegation of Federation of Associations of Manufacturers (...

LBT issue: National traders body seeks Centre's intervention

May 08, 2013 at 20:15 | Source: DNA India

The Confederation of All-India Traders (CAIT) on Wednesday said traders from Maharashtra and other states will stage protests in New Delhi if immediate steps are not taken to resolve the local body tax (LBT) issue. It also sought urgent intervention...

Local body tax: Mumbai traders' strike continues to second day

May 07, 2013 at 11:53 | Source: FirstPost

Mumbai: Banking activities here remained paralysed and most businesses were shut too on Tuesday, day two of the indefinite strike called by over 1.5 million traders and manufacturers to protest the Maharashtra's government's local body tax (LBT) in l...

Indefinite strike called by Mumbai traders over imposition of Local Body Tax

May 07, 2013 at 06:17 | Source: DNA India

Traders here called for an indefinite strike over imposition of a Local Body Tax (LBT), bringing the business operations to a grinding halt. All business establishments remained closed in India s financial capital. The President of the Bombay Metal ...

Maharashtra govt firm on LBT: Prithviraj Chavan

May 07, 2013 at 05:10 | Source: DNA India

Maharashtra government today said that it was firm on implementing Local Bodies Tax (LBT) and would not backtrack from it even as traders bodies continued to oppose the new levy. It was after extensive deliberations that we decided to introduce LBT....

Strike against local body tax grinds trade to a halt in Mumbai

May 06, 2013 at 11:55 | Source: FirstPost

Mumbai: All business and trading activity ground to a halt in the country's commercial capital today as over 1.5 million retailers, wholesalers and manufacturers launched an indefinite strike against the Maharashtra government's Local Body Tax (LBT) ...

Ancient 300 AD Roman cemetery found under parking lot in UK

May 05, 2013 at 15:26 | Source: FirstPost

Archaeologists have unearthed a 1,700-year-old Roman cemetery hidden beneath a parking lot in England.The latest dig spearheaded by the University of Leicester archaeological unit follows the historic discovery of King Richard III.The find has reveal...

Cairn's dividend payout crucial for Vedanta: Moody's

Apr 26, 2013 at 13:20 | Source: Business Today

Cairn India's dividend payouts are crucial for Vedanta Group to service debt it had raised to acquire the oil company, credit rating agency Moody's Investors Service said on Wednesday. Cairn this week announced a final dividend of Rs 6.5 per share, ...

Pollution board tips for sponge iron units

Apr 23, 2013 at 04:41 | Source: Calcutta Telegraph News

Calcutta, April 22: The West Bengal Pollution Control Board (WBPCB) has urged small-scale sponge iron units in Bengal to adopt a co-operative model by using the solid waste (dolochar) generated by them to produce captive power. Dolochar contributes ...

Apex court issues notice to Tata, RInfra on cross-subsidy cess

Apr 22, 2013 at 22:02 | Source: Financial Express

The Supreme Court has issued notice to Reliance Infrastructure (RInfra) and Tata Power Company (TPC) on levy of cross-subsidy surcharge on consumers who migrated from the Anil Ambani firm to the latter in Mumbai�s suburbs. A bench, headed by Justi...

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