The industry body has suggested that a farmer with up to 10 hectares of land should not be taxed at all.
On full year basis,the company's revenues saw flat growth (one per cent) at USD 62.07 billion in the reported year from USD 61.49 billion in FY'11.
RBI has signalled that it is finished raising interest rates after 13 increases between March 2010 and October 2011.
The ministry may not revisit the issue of CTT which was aborted in 2009.
The metal for delivery in May moved up by Rs 208,or 0.38 per cent,to Rs 54,710 per kg.
Moody's,Standard & Poor's have recently downgraded India's creditworthiness.
India's exports registered a robust annual growth to $24.8 billion in September.
In August 2010,the country had attracted FDI worth USD 1.33 billion.
Leading commodity exchange MCX launched futures trading in the natural fibre.
This is 12th hike since March 2010; RBI says inflation level still beyond its 'comfort zone'.
Moody's has pegged India's growth at 7.5 - 8 per cent for the current fiscal.
Select food items,fuel and housing grew more expensive in June.
India's growth story is passing through a not very happy chapter that might last well into 2012.
Online filing of tax returns in India jumped 80 per cent to 91.57 lakh in 2010-11.
Analysts said there is a high probability of a couple more hikes during the year.
Punjab FM Kamran Michael is the first non-Muslim Pakistani who will earn a unique honour to present the provincial budget.
There has been a remarkable pick-up in the market cap in India since the global meltdown. The market cap had dipped from 109.47% of GDP to 55.36% in a year.
Edible oils remained under pressure for the second continuous week.
FDI in India declined for the third consecutive month in March.
Excess liquidity in developed economies is bringing in speculative money to Asia,thereby,increasing chances of asset price bubbles,says a report by UN agency ESCAP.
Here are some queries on taxation and service tax liabilities,addressed by Ernst & Young. Readers may mail their queries to fesmes@gmail.com
The Union Budget reflected the finance minister's struggle to strike a balance between maintaining growth and containing inflation.
Cutting the central assistance,a plan outlay of Rs 1,192 crore was allocated to Delhi Government in the Union Budget which is Rs 36 crore less than last year's Rs 1,228 crore.
Mukherjee said the economy has regained its pre-crisis confidence.
Mukherjee,however,promised the Indian economy is expected to grow at an unwavering 9%.









