- 10:46 PM Astec LifeSciences to start a project in Q3FY11
- 09:24 PM Student visa applications to US, UK see 25% drop
- 06:00 PM Support for rupee seen at 45.90/46: Commtrendz
- 05:58 PM Unhappy with changes in ground handling policy:Vij...
- 05:51 PM Nifty sees 59% rollover ahead of expiry
- 05:50 PM MBL Infra IPO issue to open on Nov 27; to raise Rs...
- 05:50 PM MFs net sell Rs 278.50 cr in equities on Nov 24
- 05:47 PM Crude has support at Rs 3504-3463: Hem Securities
- 05:40 PM Tata Steel Q2 net loss seen at Rs 424 cr
- 05:38 PM Govt may import rice, has enough wheat: C Rangaraj...
With the Annual Budget '07 just a month away, the buzz is that the Finance Ministry does not seem in favour of a cut in the countervailing duty, or CVD, on imports, reports CNBC-TV18 quoting sources.
The sources also suggest that the Ministry is not in favour of discontinuing Banking Cash Transaction Tax for exporters.
Further, the Ministry is not in favour of extending sunset clause for EOUs post 2009, neither is it in favour of exempting SEZs and EOUs from FBT.
The Ministry does not favour excluding filter paper and tissue paper from the customs duty ambit, inform sources.
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