NATIONAL VAT panel to sort out unresolved issues on Apr 23
New Delhi: The empowered committee of state Finance Ministers will sort out unresolved issues including the rate of tax on life-saving drugs, naptha and maximum retail prices of essential items at its meeting on April 23 to ensure smooth implementation of value added tax (VAT) from June.
'SCI will continue being national flag carrier'
New Delhi: Shipping Corporation of India (SCI) will continue to be the national flag carrier even after its privatisation and government will have powers to requisition its entire fleet in case of emergency, Disinvestment Minister Arun Shourie said on April 16.
Association of biotech industry 'ABLE' launched
Bangalore: The Association of Biotechnology Led Enterprises (ABLE), a representative organisation of the Biotechnology industry, was launched on April 16 with BIOCON chairman and managing director Kiran Mazumdar Shaw becoming its founder president.
Govt invites striking transporters for talks
New Delhi: In a bid to end the transporters' strike that has led to surge in prices of fruits and vegetable in some states, the government on April 16 invited unions for talks and clarified that transporters were out of new value added tax (VAT) regime by virtue of being service providers.
BEL to launch Simputer in couple of months
Bangalore: The Bharat Electronics Limited (BEL) manufactured Simputer, a simple, inexpensive pocket computer, is slated for commercial launch in a couple of months, a top BEL official said on April 16.
BSE: SENSEX opens promisingly on HLL support
Mumbai: Well supported by an upsurge in heavyweight counter Hindustan Lever Ltd
(HLL), the SENSEX rallied smartly during morning trading after opening on a
promising note at the Bombay Stock Exchange(BSE), Mumbai on April 16 on good buying support from investors.
