According to the findings of a total tax contribution (TTC) survey, the Federation of Indian Chambers of Commerce and Industry(FICCI) has demanded reduction in the corporate tax rate. The TTC Survey 2008 has provided a comprehensive picture of the taxes borne and collected by 41 participating companies, out of the 100 companies constituting the...
Business
Tata Group stocks gain
Leading Tata group firms, including Tata Motors and Tata Steel, outperformed Sensex in March by surging more than twice of what the benchmark index has gained in the month so far. According to a comparative analysis of their performance, the 30-share Sensex, which regained the 10,000-level last week, surged 13 per cent in the...
India Needs More Stimulus Measures says Ahluwalia
India will need to introduce further measures to stimulate growth, said Montek Singh Ahluwalia, deputy chairman of the nation’s Planning Commission, ahead of a Group of 20 meeting on the global economic crisis. The new government that takes over in May after general elections will need to take steps to try and maintain the...
