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Goods and services tax - a letdown?
The release of the much awaited Goods and Services Tax (GST) discussion paper by the Empowered Committee of State Finance Ministers is a welcome step forward in the reform of the indirect tax regime in India. However, the paper falls far short of expectations. The GST design the State Finance Ministers (SFCSs) have opted for is a compromise, which could prove to be neither good economics nor good politics.

No more changes to Press Notes 2, 4: Finance ministry
Eases regulatory hurdles for Bharti-MTN deal.

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'India's concerns on non-binding emission cuts met at Summit'
India"s concerns on non-binding emission cuts have been met at the Copenhagen summit though the climate deal does open a window for a new legal treaty that may kill Kyoto Protocol based on principle of equity, a top government climate expert said today.
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Aviva ties up with DBS for distribution of insurance plans

Private sector life insurer Aviva India today forged a strategic tie-up with DBS bank for distribution of its insurance products through the bank"s branches to affluent and high net worth (HNI) customers. With the strategic partnership for bancassurance in India DBS Bank will offer its customers customised insurance solutions from Aviva’s comprehensive portfolio, the insurer said in a statement.


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