This means taxpayers might continue to enjoy exemption on maturity of their investments
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
May include 'influencing a company's major policy decisions' in the current meaning.
ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.
A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
The biggest problem is that those with Aadhaar numbers aren't coming forward for seeding these with bank accounts.
Business opportunity after phased diesel deregulation the main trigger.
Dept to focus on real estate, infra, mining and manufacturing to detect evasion.
R-Power had produced the test certificate claiming March 30, 2013, as the date of commissioning.
First right of refusal may be limited to firms working under NELP, leaving out pre-NELP blocks run by big firms such as RIL and Cairn India.
Also discuss a proposal to increase the minimum VAT rate to 6% from 5%; no decision taken yet
Railway officials said important projects at crucial stages would now be stuck for a long time.
Bansal's exit came at a time when some good investment and policy decisions were expected.
This year, Coal India plans to gauge the domestic market through a tie-up with MMTC and State Trading Corporation.
The move could streamline capital flows and help finance current account deficit
The government would try to minimise layers in FDI ceilings.
The finance ministry has rejected the formula and, instead, suggested an alternative that takes into account well-head prices of suppliers in Qatar, Oman, Abu Dhabi and Malaysia.
Despite a high current account deficit (CAD) and lower interest rates abroad, the Union government will not go for a sovereign bond issue to get more dollars.
Could turn out below last year's budget estimate, with some improvement in revenue and spending
Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis.
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