
Wednesday, February 3, 1999
Centre regrets one-month brace as Samadhan mops up Rs 2,000 crore
The one-month extension given to the Kar Vivad Samadhan Scheme (KVSS) failed to have much impact on the tax litigants with the total realisation staggering at around Rs 2,000 crore at the close of the scheme.
Tobacco body seeks status quo on duty
Restoration of single-point taxation and retention of the existing duty rates and specific duty structure are some of the key recommandations made by the Tobacco Institute of India (TII) in their pre-budget presentation 1999-2000 to the ministry of finance.
Centre caves in to allies pressure rolls back PDS price hike for poor
Bowing to the pressure of its allies, some of whom threatened withdrawal of support, the Vajpayee-led Government has decided to roll back the increase in prices of foodgrains issued through the public distribution system for persons living below the poverty line.
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