Tuesday , 10 December 2019
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Business

Budget: Farmers overjoyed, bankers sceptical

PANAJI: While most industries are giving the 2010-2011state budget the ‘thumbs up’, bankers are sceptical. They feel it is not yet clear, firstly by adjusting the income slab on taxes, salaried persons may sees reduced pay. Secondly, the state government has imposed taxes on new property purchases, this will make the cost higher for new property buyers.

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‘Service tax on housing complexes needs review’

NEW DELHI: The urban development ministry will soon approach the finance ministry seeking a review of the proposed service tax on housing complexes under construction as it feels levy will hurt the sector, which is yet to recover from the global economic recession.

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Govt to introduce new Companies Act soon

MUMBAI: The Union government will shortly introduce a new Companies Act which would ensure greater transparency and accountability in corporate India, a senior central government official said.

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IPL bonus recharge from Vodafone

PANAJI: Vodafone Essar has announced an exclusive IPL Bonus Recharge for all Vodafone prepaid customers. IPL Bonus Recharge offers customers full talk-time minus service tax.

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Samsung unveils Metro 3G

PANAJI: Samsung Electronics has announced the launch of Metro 3G - its new, stylish Metro phone with an all new metallic exterior offering 3G Connectivity. With the launch, Samsung has five, feature rich Metro Series of mobiles in its line up.

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Industry hails progressive budget

PANAJI: Goa industry has hailed the state budget announced by the Chief Minister, Mr Digambar Kamat as a `progressive budget’. Raising the medical insurance for Goan up to Rs 60,000 is too good to be true, said Mr Raj Vaidya of Hindu Pharmacy.

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DLF bets big on Dabolim project

PANAJI: DLF is investing in a big way in Goa - Rs 120 crore in housing project in Dabolim and has purchased 19 square metre of land in Panaji’s prime area Patto Plaza at Rs 15,000 per square metre.

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VIP store opens in Margao

PANAJI: VIP Industries, the largest luggage manufacturer in Asia and leading manufacturer of premium-quality luggage, on Thursday inaugurated its exclusive store at Margao at the hands of the general manager, trade sale of VIP Industries Limited, Mr Indranil Roy.

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