Odisha to enhance agri budget outlay

Bhubaneswar, March 3 : Odisha Chief Minister Naveen Patnaik on Thursday said the outlay of agriculture budget would be enhanced with a special focus to increase the area under irrigation and reduce farmers’ vulnerabilities to natural calamities. It was decided in the first meeting of Agriculture Cabinet Committee chaired by the chief minister to fast-track […]

SC to hear telcos plea against TRAI order on call drop

New Delhi, March 3 : The Supreme Court is likely to hear on Friday a plea by the Cellular Operators’ Association of India (COAI) and Association of Unified Telecom Service Provider of India challenging the telecom regulator’s decision making it mandatory for telcos to compensate subscribers for call drops from January 1, 2016. The two […]

60 percent premium for gas from difficult fields: Sources

New Delhi, March 3 : Following the union budget 2016-17 proposal to incentivise gas exploration in difficult areas, the government is set to raise the price of domestic natural gas by around 60 percent for their undeveloped gas discoveries from such areas, an official source said on Thursday. Domestically-produced gas price is currently priced at […]

Rs.587 crore for India-Bangladesh rail link: Minister

New Delhi, March 3 : The Centre will provide Rs.587 crore for a rail project to link India and Bangladesh, union minister Jitendra Singh said on Thursday. The project, one of the most important under the ‘Act East’ policy of the Narendra Modi government, will help boost trade, cultural and social ties between the two […]

Fresh guidelines for stay on tax appeal issued

New Delhi, March 3 : Giving relief to taxpayers, the Central Board of Direct Taxes (CBDT) on Thursday issued fresh guidelines to field officers for granting stay of demand at the first appeal stage, an official statement said. “Under the new guidelines, the assessing officer shall grant stay of demand till the disposal of first […]