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India, Switzerland revise tax pact  |
The Hindu Business Line |
August 31, 2010 |
New Delhi: Switzerland and India has signed a protocol for revision of the existing double taxation agreement (DTA). |
| Cabinet approves Rs 1,877-cr plans of India Post |
Business Standard |
August 27, 2010 |
New Delhi: The Cabinet Committee on Economic Affairs has approved the IT modernisation project - Phase-II of the Department of Posts at Rs 1,877.20 crore (US$ 400.9 million). |
| Govt allows cotton exports without licence from Oct 1 |
Business Standard |
August 18, 2010 |
New Delhi: According to a notification issued by the Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, the government has allowed export of cotton with effect from October 1, 2010 without the required licences even as it needs to be registered with the authorities concerned. |
| TN unveils rural BPO policy |
Business Standard |
August 18, 2010 |
Chennai: The Government of Tamil Nadu (TN) has unveiled a rural business process outsourcing (BPO) policy, adopting an incentive-based approach to encourage establishment of BPOs in the rural areas. The two forms of subsidy—capital and training—will be given to BPO units located in village panchayats. |
| Export credit interest subvention for more sectors |
The Hindu Business Line |
August 11, 2010 |
Mumbai: Reserve Bank of India (RBI) has extended the cover on leather and leather manufactures, jute manufacturing including floor covering, engineering goods, and textiles, under the scheme of interest subvention of two percentage points on pre- and post-shipment rupee export credit. |
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