Capital Market

Stories by Capital Market

Housing finance cos seek parity on CAR

Housing finance cos seek parity on CAR

Rediff.com   1 Jul 2009

Seeks parity between HFCs and Banks on CAR requirement, hike in limit of interest on home loan for personal use and increased deduction of principal repayment of home loans

India's ship building industry seeks subsidy

India's ship building industry seeks subsidy

Rediff.com   1 Jul 2009

Ship building subsidy at 30% expired way back August 2007, which if re-instated can significantly improve Indian ship building industry's global competitiveness

Healthcare sector seeks infrastructure status

Healthcare sector seeks infrastructure status

Rediff.com   1 Jul 2009

Considering the huge investments required in the Indian Healthcare sector, both for domestic and to take care of rising medical tourism from global markets.

Capital goods: Retain customs duty on metals

Capital goods: Retain customs duty on metals

Rediff.com   1 Jul 2009

As domestic metal prices will rise faster than global prices if customs duty on metals is hiked, the capital goods sector seeks retaining them at current levels.

Chemical sector seeks a slew of sops

Chemical sector seeks a slew of sops

Rediff.com   30 Jun 2009

Hike import duty on finished products; Rationalize excise Duty on Molasses to 8% ad valorem or Rs. 375/PMT and on Naphtha to 8%, cut corporate tax to 25%, service tax to 5%.

Rcom unable to sustain momentum

Rcom unable to sustain momentum

Rediff.com   30 Jun 2009

With many new players waiting to launch their operations and Mobile Number Portability to be implemented shortly, the competition will intensify further.

Telecom: Govt urged to rationalise various levies

Telecom: Govt urged to rationalise various levies

Rediff.com   30 Jun 2009

The penetration levels in rural and semi urban areas can be significantly enhanced, and government can help in this mission through reduction and rationalization of levies.

Sugar: Govt to focus on rising prices

Sugar: Govt to focus on rising prices

Rediff.com   30 Jun 2009

On the back of demand supply mismatch, the India's sugar prices have again begin rising up.

Hike customs duty on steel products, govt urged

Hike customs duty on steel products, govt urged

Rediff.com   30 Jun 2009

Considering rising dumping of steel into India, steel sector seeks hike in customs duty on steel and steel products from 5% to 15%, and hike export duty on iron ore.

Rubber prices harden on short supply

Rubber prices harden on short supply

Rediff.com   30 Jun 2009

Natural rubber prices move in sympathy to Crude Oil prices, and the added firmness is due to fall in production in key producing countries.

Retail sector seeks industry status

Retail sector seeks industry status

Rediff.com   30 Jun 2009

The organised retail sector clamors for Industry Status, removal of service tax on rentals, permit FDI in retail and usher in GST regime

Extend tax holiday to refineries, govt told

Extend tax holiday to refineries, govt told

Rediff.com   30 Jun 2009

Extend tax holiday for refineries in private sectors, reduce excise duty on Naphtha from 16%, exempt excise duty for captive consumption of intermediate products within the refinery for manufacture of exempted products.

Real estate: Hike I-T benefit u/s 80 c

Real estate: Hike I-T benefit u/s 80 c

Rediff.com   30 Jun 2009

Seeks exclusive Rs 2 lakh deduction for principal repayment U/s 80 C and to double interest on home loans for self occupied property from Rs 1.5 lakh to Rs 3 lakh

Plastic products: Cut excise duty on polymers

Plastic products: Cut excise duty on polymers

Rediff.com   30 Jun 2009

Seeks removal of custom duty on commodity polymers and cut in others, but also seeks hike in customs duty on plastic products

Pharma: Remove duties on life saving drugs

Pharma: Remove duties on life saving drugs

Rediff.com   30 Jun 2009

The pharma sector seeks removal of Excise Duty on Bulk drugs & Formulation of Anti-AIDS, Anti-Cancer, Anti-TB and other life-saving drugs

Cut excise duty on large cars, govt told

Cut excise duty on large cars, govt told

Rediff.com   30 Jun 2009

Passenger Vehicle sector seeks cut in excise duty on large cars too, and to reduce interest on auto loans to boost demand

Paper industry urges govt to hike customs duty

Paper industry urges govt to hike customs duty

Rediff.com   30 Jun 2009

Impose safeguard duty on select paper varieties and hike customs duty

Natural gas sector seeks extension of tax holiday

Natural gas sector seeks extension of tax holiday

Rediff.com   30 Jun 2009

Seeks declared goods status to Natural gas; extension of tax holiday benefits to find and sale of natural gas

Housing sector seeks fiscal concessions

Housing sector seeks fiscal concessions

Rediff.com   30 Jun 2009

UPA Govt. has committed itself to a comprehensive programme of urban renewal and to a massive expansion of social housing in towns and cities, paying particular attention to slum dwellers.

Japanese yen: Under pressure to appreciate

Japanese yen: Under pressure to appreciate

Rediff.com   30 Jun 2009

Japanese Yen is experiencing an up trend lately, especially after the Japanese government raised its assessment of Japan's economy for the first time in three years.