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Give input some credit, please

Millions of "input" tax credits are taken every day by manufactures and traders under the Cenvat Credit Rules for the purpose of paying and adjusting duty.Now, the very concept of input is in......

Few takers for auto loans

In spite of the fall in car prices triggered by the government's decision to reduce Cenvat, auto loan off-take has failed to pick up.Bankers and car financiers say the demand for car loans had not......

Hyundai cars cheaper by up to Rs 44,792

Responding to Centre's reducing CENVAT by four per cent,Hyundai on Monday slashed the prices of all its models by up to Rs 44,792. The company reduced the prices of its flagship brand Santro......

Govt announces package to boost economy

The government on Sunday effected an across-the-board four per cent cut in CENVAT that will bring down prices of cars, cement, textiles and other goods as part of an economic stimulus package that......

Budget tips to simplify Cenvat

The new Cenvat rules continue to be restrictive and the rigid definitions adopted make the rules complicated and will lead to a lot of litigation in the future.Judging by the number of crucial......
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DLF, Fortis Health, Shyam Telecom, 8K Miles Here are stocks that are in news today: Reliance MF, HDFC MF in race for Goldman's Asset Mgmt biz in India (ET) Goldman Sachs... ...
To boost ethanol output, Govt gives tax sops on molasses

Sugar mills supplying ethanol to oil Public Sector Units (PSUs) in the 2015-16 season starting this month, will be eligible to avail input credit... ...
Finmin changes mind, offers ethanol producers Cenvat relief

Excise duty paid on molasses to be Cenvatable this marketing year After initial reluctance, the finance ministry has amended the central... ...
States get targets for ethanol production

Close on the heels of Prime Minister Narendra Modi directing various ministries to try and make ethanol blending with petrol in the proposed 10:90... ...
Flaws in India's GST defeats its purpose

There is much work to be done to design a good GST, notes Parthasarathi Shome. In the last mile, many essential components of a robust goods and... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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