NATIONAL BSNL cuts cell tariffs to 66 pc; announces new plan New New Delhi: Bharat Sanchar Nigam Ltd (BSNL) on May 15 announced an up to 66 per cent reduction in its cellular tariff and also introduced a new package Plan 525, where cellular to cellular calls are as low as 40 paise.
Govt announces more tax sops for textile industry New Delhi: Under pressure from textile industry for more concessions, government on May 15 announced more tax sops including raising of excise duty exemption limits for power-loom weavers and readymade garments.
Government to draw new roadmap for Value Added Tax New Delhi: With only West Bengal sending in the draft amendments to Value-added Tax (VAT) Bill, the Finance Ministry on May 15 said a new roadmap will be drawn up for the implementation of the progressive tax regime, which was to be effective from June 1.
SENSEX breaks crucial 3000-resistance on BSE Mumbai: Led by PSU (Public Sector Undertaking) stocks, old economy shares continued their upward march to third session in a row, aiding the SENSEX to break the crucial 3000-resistance level and end at the one-month high at 3012.97 at the Bombay Stock Exchange (BSE) on May 15 on fresh purchases by investors.
INTERNATIONAL UK chapter of FICCI int'l business forum launched London: The UK chapter of the FICCI International Business Forum was launched in London on May 14 night amid the hope that the bilateral trade turnover between India and Britain would double from the existing 5 billion Pounds to 10 billion Pounds by 2007.
