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In a bid to give a fillip to the current round of auction of hydrocarbon assets, Finance Minister Pranab Mukherjee Monday extended the tax exemption on profits in the natural gas sector.
The ministry of petroleum and natural gas has been seeking tax holiday to the natural gas sector since last year, when the 2008 auction deadline had been postponed many times due to confusion over this issue.
The government now expects that the tax exemption will trigger interest in the 2009 round of auction of 70 hydrocarbon exploration blocks. The closing date for submissions of bids is Aug 10.
Last updated on Jul 6th, 2009 at 12:48 pm IST--IANS
Himachal Pradesh is keen to learn the irrigation and agricultural practices of Israel to boost fruit and crop productivity in the hill state.
The Telugu Desam Party (TDP) Saturday threatened to stop transport of iron ore in Anantapur district of Andhra Pradesh after a central empowered committee appointed by the Supreme Court slammed illegal mining activity by a firm owned by Karnataka Tourism Minister G. Janardhan Reddy on the Andhra-Karnataka border.
“Do I look like an animal or am I just different?” Kelly Intasorn, an exhibitor from Thailand at the India International Trade Fair here, asked. She is fed up of men phtographing her.
Coinciding with Prime Minister Manmohan Singh's state visit to Washington, a high-level business delegation of the Confederation of Indian Industry (CII) is in the US to push economic ties between the two countries.
India has launched a big initiative to woo medical tourism from Canada, showcasing the country's high-end and much cheaper healthcare industry to Canadians.
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please read this
India-Bangladesh couple seeks intervention to stay united
please read this
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Change 1 Letter..
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Is rearranging the letters allowed?