FM to revisit transaction tax

Other author's news:

• Alliance Air to turn low-cost - NEW DELHI: Indian Airlines' wholly-owned feeder route operator Alliance Air is heading for a dressing down. Well, almost.
• Transaction tax stays, numbers may be revised - NEW DELHI: FM P Chidambaram on Monday ruled out in the Rajya Sabha the withdrawal of the transaction tax, saying it is a neat tax, easy to collect and difficult to evade. He, however, reiterated that the government would "revisit" the numbers on the 0.15%
• Dabur India doubles its Q1 net profit - NEW DELHI: Riding on the growing popularity of its health care and oral care products, Dabur India doubled its consolidated net profit for the first quarter of the current fiscal. The company posted a consolidated net profit of Rs 22.1 crore on a turnover

Similar news:

• Chidambaram assures to revisit Transaction Tax - New Delhi, July 19: Finance Minister Palaniappan Chidambaram said on Monday in Rajya Sabha that he would revisit the Transaction Tax on purchase of securities that he proposed in the Union Budget for 2004/05.
• Ready to relook at transaction tax: FM - Finance minister P Chidambaram today promised to have a "relook" at the transaction tax rate of 0.15% on securities.
• FM hints at transaction tax review - NEW DELHI: The Government is likely to announce changes in the rates of transaction tax and capital gains tax following opposition by brokers and investors on the new tax on purchase of all listed securities.

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