At present, the service tax rate stands at 12 per cent. Added to this is a 2 per cent education cess, bringing the incidence to 12.24 per cent.
Congress president Sonia Gandhi and Prime Minister Manmohan Singh will not be able to attend the annual World Economic Forum meeting to be held at Davos from January 24-28 next year.
This is the same level as the peak rate of the Association of South East Asian Nations.
The US Under Secretary for International Trade says the US and India were paying for a history of neglect of commercial relations.
Having made public its tie-up for a retail venture, the Bharti-Wal-Mart combine is roping in leading realty majors like DLF, Emaar MGF, and Ansals for handling the massive real estate requirements of the project.
a scarce resource. By some estimates, spectrum worth Rs 7,690 crore (Rs 76.90 billion) has been given away for ''free'' for mobile licences.
The Planning Commission's projections for the 11th Five Year Plan,