Manmohan Singh
The government is likely to set up a new economic think-tank reporting directly to the head of the government. This will be on the lines of the Korea Development Institute after dismantling the planning commission. The planning commission once had formidable economist and former Prime Minister Dr. Manmohan Singh as deputy chairman. Some policy analysts [...] Continue Reading »
The money transfers to India by NRIs will not come under the realm of service tax as said by Prime Minister Manmohan Singh. Kerala chief minister, Oommen Chandy, said that the Prime Minister has dismissed all the reports related to levy of tax on the money of Indians working abroad. The Prime Minister asked for [...] Continue Reading »
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 »
The Sensex climbed over 100 points in early trade on Monday. Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee have planned to soon unveil measures to improve market conditions. The Nifty touched a high of 5,188.95 and a low of 5,158.45 today while the Sensex touched a high of 17,116.67 and a low of [...] Continue Reading »
