The Financial Express -- Economy

Monday, June 30 1997

Alternative Modvat scheme notified for small-scale units

The Centre has notified the alternative scheme for small-scale units for availing Modvat benefits at concessional rates. Small scale units availing Modvat benefit would be required to pay excise duty calculated at 60 per cent of the normal duty on clearances up to Rs 50 lakh in a financial year.

SEBI seeks SEC's advice on plantations

Even as scores of plantation firms continue their funds raising exercise, SEBI has sought advice from the Securities & Exchange Commission of the US on the modalities of regulating these entities.

Coffee Board sub-panel finalises domestic pricing policy draft

The Coffee Board sub-committee, set up by the board vice-chairman, has finalised a draft to evolve a domestic pricing policy for the commodity. The recommendations of the sub-committee, which met here on Saturday, will be submitted to the ministry of commerce on Monday.

Money laundering bill report to be submitted today

Trade Briefing -- Fund crunch hits road targets

CBI on the prowl for Bhansali associates

Component manufacturers seek white paper on automative policy

NBFCs flex muscles to recover dues

Centre, bank chiefs to discuss VDIS tax collection

Boom! period for PC market

Wide swings in call rate

India explores Kiwi market for agro exports

APEDA buys time to meet EU norms on milk export