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Direct tax mopup
New Delhi, Sept. 24: Direct tax collections increased 40 per cent to Rs 1,06,095 crore till September 21, 2007, against Rs 75,510 crore during the same period last fiscal. Corporate tax grew 42.37 per cent to Rs 67,207 crore from Rs 47,207 crore in the year-ago period. Personal income tax grew 37.47 per cent to Rs 38,819 crore from Rs 28,238 crore last year.
Regulator meet
New Delhi, Sept. 24: Top regulators from key sectors such as telecom, insurance and power will meet tomorrow to evolve a consensus to ask the government for a longer tenure and better emoluments.
Santro price
New Delhi, Sept. 24: Hyundai Motor India is streamlining the range of its flagship model Santro Xing. The move, however, will make the car costlier by up to Rs 1,240.
Borrowing plan
Mumbai, Sept. 24: The government will borrow Rs 59,000 crore in the second half of the current fiscal through the issue of dated securities, according to an indicative calender issued today.
Tata-Birla row
New Delhi, Sept. 24: The av Birla group has asked the Supreme Court to reject the petition of the Tatas on the dispute raised on the erstwhile joint venture mobile company, Idea. The Birla group said arbitration sought by the latter was contrary to the telecom policy and the laws in the country.
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