NATIONAL FM sets the ball rolling for nation-wide VAT The Finance Ministry will set the ball rolling for an early introduction of a nationwide Value Added Tax (VAT) with a two-day meeting of State Finance Ministers starting in New Delhi tomorrow (June 18, 2004).
Stocks recover smartly; Sensex ends 51 pts higher Stocks recovered their early losses and even posted moderate gains at close, pushing the Sensex up by 51 points at the Bombay Stock Exchange (BSE) today (June 17, 2004) on emergence of buying support on the back of positive FIIs inflow.
Budget to lay roadmap for doubling agri credit A package for agriculture including measures to double credit to the farm sector in three years, is expected in the Budget scheduled on July eight.
INTERNATIONAL Network Associates CFO faces criminal charges Prabhat K Goyal, Vice President and Chief Financial Officer of the computer security firm Network Associates, famous for the McAfee anti-virus software, faces criminal charges for masterminding an accounting scam that duped investors by inflating the company's sales figures and concealing losses worth $ 330 million.
