Tuesday, November 3, 1998
Export house status for tourism
With tourist arrivals slowing down considerably, the government today announced the decision to accord Export House status to tourism hoping the measure would serve as a booster to the industry.
CBDT fiat to aid I-T operations
Authorities like real estate registration officers, managers of banks, post masters, stock brokers, merchant bankers, etc, MTNL authorities, and hotel managers will now have to provide details of transactions which are now necessarily to be accompanied by the Permanent Account Number (PAN) to the Director of Income Tax (Investigation) within a month of such a receipt, a notification from the Central Board for Direct Taxes (CBDT) said.
Mega sops for IT on cards
Hard on the heels of the internet policy, the Prime Minister is likely to approve a series of measures to boost the computer hardware industry. These measures which are contained in the second part of the IT Task Force recommendations are to be submitted to the Prime Minister today. Cabinet approval is expected within the week.
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