The cess on large retail players may not come through at all. The finance ministry is unlikely to endorse a proposal made by the department of industrial policy & promotion (DIPP) to levy a cess on organised retail to create a fund that would finance
The Commerce Ministry is working on an alternative Duty Entitlement Pass Book (DEPB) scheme. "It is in the final stage," Union Minister for Commerce and Industry, Mr Kamal Nath, said but refused to elaborate.Responding to queries after inaugurating t
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OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADAProfessional Development Committee (PDC) of ICAI is working with BusinessDevelopment, Emerging Markets team of Nova Scotia Business Inc. (NSBI) to facilitaterecruitment of members of ICAI for employment in No
Chennai, Sept. 13: Repositioning the management accountant, and showcasing him as a strategist and performance management specialist are among the themes that the Institute of Cost and Works Accountants of India (ICWAI) is planning to pursue at the '
Indian banks are not affected by the U.S. subprime crisis and are largely on course to meet the Basel-II guidelines by March 2008, the central bank's deputy governor, V. Leeladhar, said on Thursday."By and large Indian banks are not affected by the s
Taxmen are narrowing down their choices from their stock of options on finding the right price for taxing Esops. The employee stock option plan (Esop) valuation norms for listed companies are likely to rely on the opening and closing price of the scr
PAN card holders (income-tax payers) may be in for a shock if this proposal manages to pass the political muster. Consumers of cooking gas, liquefied petroleum gas (LPG), may have to fork out more. The government plans to withdraw subsidies for taxpa
MUMBAI: In a bid to instill more discipline among banks in managing their liquidity, the Reserve Bank of India (RBI) has asked banks not to have a negative gap in their fund outflows for the next day. Negative gap refers to a mismatch in which intere
EXIT TAX ON GRADUATES IS NOT A GOOD IDEAThe idea of an exit tax on graduates from India's highly subsidisedinstitutes like the Indian Institutes of Technology and the IndianInstitutes of Management is back on the horizon, with theparliamentary standi
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