Financial Daily from THE HINDU group of publications
Tuesday, June 04, 2002
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Financial Daily from THE HINDU group of publications Tuesday, June 04, 2002 |
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INDUSTRY & ECONOMY ECONOMY Petro price hike will result in higher revenues to States WHY has the Finance Ministry undertaken a `revenue neutral' approach while dealing with excise cuts on petro-products and reduced excise duties on petrol and deisel only by 2 per cent? This, when the revenue estimates from petro-products is ... More ENVIRONMENT 
What to do with your old car? Ask BMWIN India, moves are afoot to fix the maximum age of roadworthiness of an automobile at 15 years. That means, if your car has completed 15 years of faithful service to you, it has to be taken off roads. Delhi, Mumbai and now Hyderabad, are to ... More
Burning solid waste hazardous: Study HOTELS Hotel cos to pay fees for exemption on disclosure ALL hotel companies will now have to pay fees for seeking exemption on disclosure of `class of goods'-wise sales in their profit and loss account. The Government has issued a Gazette notification amending Companies (Fees on Applications) Rules, ... More
Hotels see exodus of foreign guests INFRASTRUCTURE Entertainment park in Cyberabad on anvil IN sync with the changing contours of the Cyberabad zone, the Andhra Pradesh Government is mulling a modern commercial-cum-entertainment centre — Future Park — modelled on a similar initiative in Hong Kong. The Vice-Chairman of ... More PETROLEUM Govt hikes petrol, diesel prices; cuts excise duty THE Government today raised the price of petrol by around Rs 2.50 per litre and that of diesel by Rs 1.50. The hike is effective from midnight today. It has simultaneously cut the excise duty on petrol and diesel by 2 per cent. Oil marketing ... More PLASTICS AP: ST sops for plastic goods THE Andhra Pradesh Government has issued a notification reducing the tax payable on sale of plastic containers, HDPE woven fabrics and woven sacks, polyethylene, polypropylene woven sacks, polythene bags and plastic bags to the extent of the tax ... More POWER Stress on use of renewable energy THE pressing need for making good use of renewable sources of energy was stressed at a business meet here on `Solar thermal technologies for domestic, medical and industrial applications'. Mr M.Kannappan, Minister of State for Non-conventional ... More TAXATION Centre's net tax receipts Rs 17,000 cr till May WITH refunds to corporates roughly at the same level as last year, the Centre's net tax receipts continued to be buoyant and stood around Rs 17,000 crore up to May this year, according to senior Finance Ministry officials. Income and corporate ... More SSI WATER MANAGEMENT 
Kerala: Vypeen to get desalination plantTHE first ever desalination plant in the State is likely to be set up to make drinking water available for the rural population in nearby Vypeen island, who have been facing acute potable water shortage for a long time. A project report ... More EDUCATION 
Foundation stone laid -- TN CM pins hopes on American schoolTHE Tamil Nadu Chief Minister, Ms J. Jayalalithaa, laid the stone for a new campus for the American International School in Chennai on Monday. The school, to cater to the international community here, is scheduled for completion in July ... More HANDLOOM Duty drawback move gladdens handloom goods exporters THE changes announced by the Government in all-industry duty drawback (DDB) rates have brought cheers to the exporters of handloom goods as the made-ups and fabrics produced from handlooms have been allowed DDB rates. The Government has allowed ... More SCIENCE & TECHNOLOGY Garment to keep soldiers cool in hot conditions THERE is good news for armed forces personnel who have to work in tanks under very high temperatures. Henceforth, they will be able to work under comparatively cooler working conditions because of the availability of a special type of garment ... More DISINVESTMENT Post-divestment, Govt can call for SCI vessels in emergencies THE Union Government can requisition any part of the fleet belonging to Shipping Corporation of India even after privatisation to deal with emergencies such as war by invoking the relevant provisions contained in the Merchant Shipping Act, ... More
Some hard `FACT's about divestment RURAL DEVELOPMENT 
AP: Empowering rural youth to be self-employedThe basic thrust of the initiative is to train rural youth in various skills that will help them turn into entrepreneurs. More EVENTS Global workshop on hygiene behaviour A MID-TERM monitoring and evaluation of the progress of the international comparative study of `Sustainability of changes in hygiene behaviour in Afro-Asian countries' will be held at Kumarakom, near Kottayam, from June 5 to 14. Announcing ... More
INCOME TAX Rampant under-reporting of income suspected -- Non-salaried class comes under I-T Dept scrutiny THE Finance Ministry has decided to zero in on non-salaried tax payers — individuals and HUFs to check rampant under-reporting of income by this segment, to bolster revenues. The revenue department's analysis on the profile of income-tax ... More
I-T Saral form to go back to one page EXPORTS & IMPORTS TOURISM War clouds spread gloom over tourism sector AS India and Pakistan indulge in threats and counter-threats, loose talk on exercising the nuclear option continues and the armies on both sides of the border remain on high alert, one of the casualties is the travel and tourism business. There ... More
ECONOMIC OFFENCES ITC charge-sheets: `FEMA may yield desired results' THE issue of charge-sheets to six former executives of ITC Ltd, by the Enforcement Directorate (ED) for allegedly violating the erstwhile Foreign Exchange Regulation Act (FERA) 1973, after a lapse of nearly five and half years makes poor economic ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back May. 26-Jun. 1 Sharp rise in domestic prices -- Tyre makers seen importing rubber Fiscal deficit set to end closer to 6 pc -- Rs 10,000-cr revenue shortfall seen Yet another normal monsoon forecast Confidence in strong global recovery waning, says BIS Balmer Lawrie sell-off in two phases finalised Export trend shows diversification to small nations |
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