Tax sops to affect revenue marginally
New Delhi: The tax measures announced by finance minister Jaswant Singh on Wednesday will have a marginal revenue impact.
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Tax on life insurance agents stays
New Delhi: Although the finance ministry has withdrawn service tax on life insurance, it will have to be paid by life insurance agents, actuaries and surveyors.
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Keeping Uruguay uound promises causing payments problems: Unctad report
Geneva: Implementation of Uruguay Round commitments undertaken by developing countries coupled with continued market access restrictions exercised by some industrial countries are generating payment imbalances which cannot be financed on a sustained basis by private international capital flows.
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Q1 exports look up, grow by over 11%
Mumbai: The first quarter exports shot up by a smart 11.29 per cent to touch $11,525.45 million compared to $10,356.40 million recorded during the same quarter last fiscal, while imports during the period posted a marginal increase of 3.17 per cent to $13,190.82 million from $12,785.54 million in the year-ago period.
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NABARD offers Rs 400 crore to TN under RIDF in 2002-03
New Delhi: The National Bank for Agriculture and Rural Development has offered to the Tamil Nadu government to extend Rs 400 crore under Rural Infrastructure Development Fund during 2002-03, as against Rs 350 crore originally planned.
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Injunction order sought to restrain TBPC from invoking escrow cover
Bangalore: Karnataka Power Transmission Corporation Limited has urged the Karnataka Electricity Regulatory Commission to issue an injunction order restraining Tanir Bhavi Power Company from invoking the escrow cover, till such date the issue is resolved by the commission.
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For Mayawati, charity does not begin at home
Lucknow: Although Uttar Pradesh chief minister Mayawati has pulled up the electricity department engineers to improve the power situation in the state, she herself owes Rs 2,28,366 as electricity bill arrears.
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