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Arvind P Datar
January 21, 2013
The practice of taxing the rich has been tried in India with disastrous consequences. At their zenith, income tax rates soared to 97.75 per cent and this achieved the unintended twin objectives of massive tax evasion with serious erosion of our national character.

Sarika Malhotra
January 10, 2013
According to the latest data from the Ministry of Overseas Affairs, the number of emigrants from Bihar surged from 36,493 in 2006 to 71,438 in 2011. Siwan and Gopalganj are the new hotspots for remittances, dramatically transforming the lives of people in the region.

Mumbai, December 29, 2012
The BSE benchmark Sensex resumed higher at 19,278.00 and hovered in a range of 19,504.40 and 19,237.26 before settling the week at 19,444.84, disclosing a net gain of 202.84 points or 1.05 per cent. Nifty also shot up by 60.65 points or 1.04 per cent to 5,908.35.

BT Online Bureau
Mumbai, December 28, 2012
Index heavyweight RIL was the top gainer with a rise of 2.73 per cent, contributing the most to the Sensex rise after the company denied reports that it is buying Hote Leela Venture's business park in Chennai.

Pritam P Hans
January 22, 2013
In a speculative market, the end-user interest is low, resulting in apartments lying vacant or yielding low rental income. Investing in areas where buyers are searching for homes rather than investment avenues can insulate you from any sharp price fall.

Chennai, December 26, 2012
The Indian auto industry hopes the New Year will usher in good times again with some tax cuts, economic revival and better sentiments after a year marked by low volumes and labour unrest at some units.
December 18, 2012
In a best case scenario, the constitutional bill relating to GST can be put to vote by September or October 2013. This assumes the central government and the states are able to agree on a framework for GST in a few months.

New Delhi, December 7, 2012
The government on Friday said a decision has been taken to set up a group of select senior officials both from the Centre and states to consider the 'design' of the proposed Goods and Services Tax (GST).

New Delhi, November 12, 2012
The central bank is scheduled to come out with next mid-quarter policy on December 18.

Sanjiv Shankaran
November 8, 2012
The Centre and states have agreed to come up with a plan to address problem areas on the path to a Goods and Services Tax regime.

Sanjiv Shankaran
October 26, 2012
Bihar's Finance Minister Sushil Modi, who, in the past had termed the centre's approach to negotiating the Goods and Services Tax rollout as a hurdle, is now praising P Chidambaram's flexible stance.

New Delhi, October 18, 2012
Indirect tax collections have risen at a low rate of 15.6 per cent to Rs 2.17 lakh crore in April-September, against the annual target of 27 per cent, due to slowdown in economic activity.

New Delhi, October 11, 2012
The World Bank cuts India's growth forecast for the current fiscal to 6 per cent, from the earlier estimate of 6.9 per cent, citing corruption scandals and uncertainty in policy issues.

New Delhi, September 28, 2012
The government appointed panel to suggest a roadmap for fiscal consolidation has recommended a comprehensive review of the Direct Taxes Code Bill and bringing in more services in the tax net.

Team BT
September 28, 2012
Prime Minister Manmohan Singh may succeed in reviving business sentiment with his recent announcements but moving the needle on the economy will take a lot more doing.

New Delhi, September 17, 2012
The finance minister on Monday said that more measureswould  be unveiled to boost the Indianeconomy.

BT Online Bureau
New Delhi, September 6, 2012
Adi Godrej has called for the extension of interest subvention scheme to more sectors like engineering, automobiles and chemicals to boost exports.

New Delhi, September 5, 2012
Godrej Group Chairman Adi Godrej has said the government needs to quickly address pending reforms to restore growth to a reasonable level as many sectors are facing problems.

Shweta Punj and Anilesh S. Mahajan
September 13, 2012
While the Centre flounders under the impact of a policy paralysis that has followed in the wake of a series of scams, states such as Rajasthan, Bihar, Orissa, Chhattisgarh, Punjab and Kerala are focussing aggressively on development and governance.

BT Online Bureau
New Delhi, September 3, 2012
Finance Minister P Chidambaram while addressing addressing Chief Commissioners and Directors General of Income Tax also expressed confidence in meeting direct tax collection target of FY13.

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