Finance ministry
The finance ministry has issued a notification exempting the Railways from 12 per cent service tax for three months till September 30, today. Thus, passenger fares and freight charges will not increase immediately. Railway Minister Mukul Roy had written to Prime Minister Manmohan Singh, requesting him not to introduce service tax on passenger fare and [...] Continue Reading »
Due to the onset of new regulator for housing society in Delhi, Delhi Development Authority (DDA) could lose its role. The central finance ministry has plans of introducing a new regulator instead of DDA to check housing sector in the city. The ministry is likely to face some resistance from the local authority as the [...] Continue Reading »
