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Wednesday, March 31, 1999

New trade policy may do away with import curbs
Commerce minister Ramakrishna Hegde will unveil a new trade policy that is expected to do away with curbs on a number of imports while taking steps to boost service exports, analysts said on 30th March.

Draft agriculture policy awaits states' approval
The draft agriculture policy has been reviewed by the Prime Minister long back and has already been sent to the state governments for seeking their concurrence. The draft policy will be tabled in the Parliament only after all state governments give their concurrence, said the Union agriculture minister, Sompal.

Maharashtra's Sales tax hike to make tea costlier
Tea prices are set to rise by around Rs 10 per kg following the withdrawal of the 4% tax relief on loose tea and tax rationalisation for all varieties of tea coupled with various other levies by the Maharashtra government.


Inspirations furnishing fabrics


  China to issue insurance licences to 3 more US firms
  Financial Briefing
  Mustard up on new estimates
  Constitutional cap on Government borrowing unfeasible, says Sinha
  Home ministry finalises PIO card scheme
  Reserve Bank unveils new deposit scheme for NRIs
  CBDT chief rules out amnesty for gold-bond plan
  Executive Briefing
  New basic, cellular tariffs from May 1
  PM stresses on conducive atmosphere for tourism growth
  `Market will absorb excess cement capacity by 2002'
  No revival in sight for beleaguered steel sector
  No tax on farm incomes till terms of trade better
  INSA demands better deal from government
  Maharashtra seeks tax concessions for funding road, bridge projects
  Discussion on national water policy soon
  Tax competition among states harmful -- Pant
  VSNL kicks off exercise to limit shell accounts by offering sops
  Market-place Briefing
  ISRO readying Insat-3B for launch
  Textile exporters seek excise duty clarification



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