Mumbai: Finance Minister Pranab Mukherjee is likely to hike excise duty in the Budget in a calibrated manner and cut withholding tax for interest payments by FIIs for long-term infra bonds. Sources say that the Finance Minister is likely to move on excise duties in order to tackle the fiscal deficit pressures, especially considering the fiscal deficit for FY12 might go up by almost 1 percentage point, that is to...
07:57 AM, Mar 16, 2012
New Delhi: Cash-strapped Air India on Saturday released an instalment of pending allowances to its employees and said it would pay the last month's salary on Monday. "We have today released Productivity-Linked Incentive (PLI) for all eligible employees and will be paying the October salary on Monday to all our staff," a top airline official told PTI. With these payments, no salary would be pending and the number of unpaid...
03:15 PM, Nov 12, 2011
Washington: Making a strong pitch to discourage outsourcing of jobs, US President Barack Obama on Tuesday said America's present tax structure gives incentives for shipping jobs overseas, a trend that needs to be reversed with incentives aimed at creating jobs inside the country. In the midst of a mid-term election campaign, Obama has already made his stand on the issue clear, and has supported cutting down tax incentives to companies...
08:48 AM, Sep 21, 2010
Incentive scheme will be launched in 33 Naxal-hit districts across the country. ...
02:15 PM, Oct 03, 2009
It was earlier criticised for offering huge incentives even while making losses. ...
10:50 PM, Aug 20, 2009
India Inc says it will hit American companies more than India. ...
09:10 AM, May 06, 2009
Obama announces end of tax incentives to firms creating jobs overseas. ...
07:09 AM, May 05, 2009
India's first electric car, Reva, has found favour with the Delhi government. ...
04:05 AM, Jun 27, 2008
ISLAMABAD: Interim coach Mohsin Khan says he will have no problem with the Pakistan Cricket Board if he does not get the role full time. Khan has led Pakistan to series wins over Sri Lanka and Bangladesh since replacing Waqar Younis in October 2011 and is now preparing the team to face top-ranked Test side England. The 56-year-old has applied for the permanent position, but local media reports suggest Australian...
01:08 PM, Apr 07, 2008
Former India skipper Anil Kumble said India had their moments at Lord's but England kept up the pressure throughout. ...
11:04 AM, Feb 15, 2008
London: England pacer James Anderson concedes sledging never really distracts Sachin Tendulkar but what might have a "detrimental effect" on him and India during the Test series starting next week is the massive hype around the veteran batsman's impending 100th ton. "Having watched the way Sachin Tendulkar has made some of his 99 international hundreds over the years, you would have thought he'd be the last person to be affected...
11:20 PM, Feb 12, 2008
He criticised states which provided tax breaks and fiscal incentives for promoting industrial development. ...
02:15 PM, Sep 28, 2006
The Centre has written to states to increase the amount of incentive for intercaste marriages to Rs 50,000. ...
03:08 PM, Sep 14, 2006
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