NATIONAL Moderate tax rates and phase out exemptions: Survey Buoyed by about 19 per cent jump in tax collection, the government may further moderate taxes in the Budget with the Economic Survey today (Feb 27 2006) prescribing a tax reform mantra to unburden India Inc, phasing out distortive exemptions and cutting deficits.
Economic growth buoyant at 8.1%; calls for reforms Cautioning that the economy's rosy outlook was not devoid of risks of inflation, hardening interest rate and fiscal deficit, the pre-budget Economic Survey today (Feb 27 2006) prescribed hastening tax and labour reforms and measures to remove infrastructure bottlenecks to sustain high growth.
Sahara ahead of Tatas in brand value: Subrata Roy Being in news for political or commercial reasons or for its association with country's cricket team, Sahara may have emerged as the biggest Indian Brand with its Chairman Subrata Roy claiming the brand value at 10.5 billion dollars or about Rs 48,000 crore.
Sensex turns strong, up by 70 points in early trade The Bombay Stock Exchange Benchmark 30-share Index once again turned strong after Friday's modest downward correction and was quoted up by 70 points during morning trading on the back of sustained FII inflows.
