Tax IT firms, urge corporate czars
Leading industrialists on Friday asked for imposition of tax on information technology companies as well as the rest of the service sector. They have also demanded removal of surcharge on corporate and personal income tax.

FIEO chief seeks benefits within WTO mechanism
Federation of Indian Export Organisations president Navratan Samdria has urged the government to devise a mechanism by which the benefits under Section 80-HHC of the Income-Tax Act, 1961, are given to exporters within the WTO rules.

Move over digital gizmos, music watches & web microwaves are here
A wristwatch that plays music, a three-dimensional television and an Internet microwave were among the technical wizardry shown off on Thursday as the electronics industry kicked off an annual expo with an eye on record sales and faster innovation.


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