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IATA welcomes govt move to abolish airport development fee

IATA welcomes govt move to abolish airport development fee

Global airlines body IATA today welcomed the government’s decision to abolish airport development fee (ADF) at Delhi and Mumbai airports, saying it looked forward to other measures to reduce cost…

Rupee trims initial gains against dollar, still up 8p

Rupee trims initial gains against dollar, still up 8p

Moving in line with the equity market, the rupee failed to maintain its earlier gains, although it was still quoting 8 paise stronger against the US dollar. The American currency…

Rupee falls for 4th day; down 16 paise against dollar

Rupee falls for 4th day; down 16 paise against dollar

Mumbai, Oct 10 ,2012: The rupee declined for fourth day in a row by losing 16 paise to Rs 52.88 per dollar in early trade today, weighed down by dollar’s…

Kelkar panel suggests review of DTC Bill

Kelkar panel suggests review of DTC Bill

The government appointed panel to suggest a roadmap for fiscal consolidation has recommended a comprehensive review of the Direct Taxes Code Bill and bringing in more services in the tax…

Kelkar panel suggests review of DTC Bill

Kelkar panel suggests review of DTC Bill

The government appointed panel to suggest a roadmap for fiscal consolidation has recommended a comprehensive review of theDirect Taxes Code Bill and bringing in more services in the tax net.…

Government bond rates end mixed, call rate also finish lower

Government bond rates end mixed, call rate also finish lower

  The government securities (G-Sec) ended mixed on alternate bouts of buying and selling. While call rates at the overnight call money market declined today due to lack of demand…

Tax certificate must for foreign investors

Tax certificate must for foreign investors

All foreign investors will have to produce tax residency certificates (TRC) of their base nation to claim benefits under the double taxation avoidance treaty from April 1, 2013, said a…

Copper prices futures soften on global cues

Copper prices futures soften on global cues

Tracking a weak global trend, copper prices softened by 0.27 per cent to Rs 443.80 per kg in futures trade today as speculators trimmed positions. At the Multi Commodity Exchange,…

LIC, HDFC Bank lead advance tax payouts in Q2

LIC, HDFC Bank lead advance tax payouts in Q2

Financial sector companies, led by Life Insurance Corporation (LIC) and private lender HDFC Bank, have posted a healthy increase in their second quarter advance tax payout, belying sluggishness in the…

‘Govt planing more economic reforms’

‘Govt planing more economic reforms’

The government is planning to go ahead with more economic reforms especially in areas where these could be done through its own executive powers, Law Minister Salman Khurshid said today.…