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"Additional cess on oil production to burden cos"
New Delhi, Apr 10 (IBNS) The increased cess on crude oil production from Rs 2,500 to 4,500 a tonne as announced in the Budget for 2012-13 will result in additional cost of five to seven dollars per barrel for upstream companies, industry body ASSOCHAM said on Tuesday.This additional cess coupled with the subsidy burden - discount which upstream companies offer to oil marketing companies on sale of
New Delhi, Apr 10 (IBNS) The increased cess on crude oil production from Rs 2,500 to 4,500 a tonne as announced in the Budget for 2012-13 will result in additional cost of five to seven dollars per barrel for upstream companies, industry body ASSOCHAM said on Tuesday.This additional cess coupled with the subsidy burden - discount which upstream companies offer to oil marketing companies on sale of
"Multiple-entry for India-Pak businessmen"
New Delhi, Apr 9 (IBNS) India and Pakistan are working towards issuance of multiple-entry and reporting-free visas for businessmen as part of reducing non-tariff barriers for greater trade and economic ties, Pakistan's high commissioner Shahid Malik said on Monday.
New Delhi, Apr 9 (IBNS) India and Pakistan are working towards issuance of multiple-entry and reporting-free visas for businessmen as part of reducing non-tariff barriers for greater trade and economic ties, Pakistan's high commissioner Shahid Malik said on Monday.
78% corporates suffer sleep disorder
New Delhi, Apr 6 (IBNS) Due to demanding schedules and high stress levels, nearly 78% of the corporate employees sleep less than 6 hours on a daily basis which leads to sleep disorders amongst them, according to a recent survey conducted by ASSOCHAM on the occasion of 'World Health Day'.
New Delhi, Apr 6 (IBNS) Due to demanding schedules and high stress levels, nearly 78% of the corporate employees sleep less than 6 hours on a daily basis which leads to sleep disorders amongst them, according to a recent survey conducted by ASSOCHAM on the occasion of 'World Health Day'.
Indo-Vietnam trade to reach $ 7 bn by 2015
New Delhi, Apr 6 (IBNS) The two-way trade between India and Vietnam is likely to reach seven billion dollars by 2015 from four billion dollars last year, Indian ambassador Ranjit Rae said on Friday.
New Delhi, Apr 6 (IBNS) The two-way trade between India and Vietnam is likely to reach seven billion dollars by 2015 from four billion dollars last year, Indian ambassador Ranjit Rae said on Friday.
Clear framework needed for QFIs: ASSOCHAM
New Delhi, Apr 5 (IBNS) A clear and consistent policy framework is required to iron out multiplicity of regulations for qualified foreign investors (QFIs), industry body ASSOCHAM said Thursday.
New Delhi, Apr 5 (IBNS) A clear and consistent policy framework is required to iron out multiplicity of regulations for qualified foreign investors (QFIs), industry body ASSOCHAM said Thursday.
"Conversion into LLP should be tax neutral"
New Delhi, Apr 4 (IBNS) Industry chamber ASSOCHAM said on Wednesday there should be no capital gain tax if a large number of companies have to be encouraged to convert into limited liability partnerships (LLPs) and presumptive tax provisions should be extended to them.
New Delhi, Apr 4 (IBNS) Industry chamber ASSOCHAM said on Wednesday there should be no capital gain tax if a large number of companies have to be encouraged to convert into limited liability partnerships (LLPs) and presumptive tax provisions should be extended to them.
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