Centre will spare no effort to rein in fiscal deficit, says Yashwant Sinha
The Lok Sabha has approved the first batch of union government's supplementary demands for grants for 1998-99 proposing to augment the sanctioned provision by Rs 14,449.96 crore.

Centre may cut customs duty on textile machinery
The centre may reduce the customs duty on textile machinery, rationalise excise structure for processing units and provide interest subsidy on loans in the next budget.

Maharashtra draws up Rs 20 crore automation plan for sales tax department
The Maharashtra government has formulated a Rs 20-crore comprehensive automation plan for the sales tax department (STD). Tata Consultancy Services (TCS) has been appointed as consultant to do the evaluation study in 16 weeks.

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