Friday, February 2, 2001

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Govt slaps tremor tax -- 2% extra on your income tax
Cabinet decided to levy a two per cent additional surcharge on income tax payable by persons having an income of Rs 60,000 and above for the assessment year 2001-2002.




SC throws out brokers plea on SEBI registration fee
In a major judgment that could affect the operations of stock brokers, the Supreme Court upheld the controversial registration fee charged from brokers by SEBI, which would substantially enhance the income of the regulatory body.




Exports post 20.42 pc growth in 9 months
Expor continued to maintain a surge recording a 20.42% growth during Apr-Dec this year. The latest monthly trade data released today also showed narrowing of the trade deficit to $5.9 bn during the first nine months of this fiscal as against $8.2 bn in the corresponding period last year.




Other headlines

MSEB misses deadline for payments to Enron
Local JVs be damned, go ahead to FDI
Govt to implement telecom FDI limit seriously


 
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