The Hindu Business Line : Tuesday, March 01, 2005

Domestic airlines flying abroad need not pay ATF tax
IN a move that will benefit Indian carriers operating abroad, the Budget has proposed declaring sale of Aviation Turbine Fuel (ATF) to any designated Indian carrier operating abroad as deemed export. The move will enable designated Indian ... More

Reprieve for domestic aviation
THE domestic aviation industry has got a reprieve for another six months with the Finance Minister, Mr P. Chidambaram, extending till the end of September the exemption from tax on agreements to acquire aircraft or aircraft engines on lease. ... More

INFRASTRUCTURE

Emphasis on infrastructure projects
TELECOMMUNICATION is the best way to provide connectivity in urban and rural India. By the end of January 2005, we had achieved a tele-density of 8.75 per cent. However, we are concerned with the low tele-density in rural areas. So far, ... More

ROADWAYS

Fuel cess for road development up by 50 paise per litre
THE Government has decided to impose an additional cess of 50 paise per litre on both petrol and diesel to raise additional resources to finance the National Highways Development Project (NHDP). Accordingly, the cess on petrol and diesel has ... More

Ships in Ports

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Top Stories
A recast of personal taxation

Real estate sector cries foul

Tax savings: Choices galore

Market players see no impact of STT

Law soon to allow banks to issue pref shares

Centre's market borrowings may rise 68 pc next fiscal

Corporate income-tax — A mix of lower tax shelters & rates

In Focus

BHEL Disinvestment