Tourism Development Authority, a shot in the arm for industry
The Tourism Development Authority set up under
the new Tourism Act which will come into force from tomorrow will
infuse new blood to the industry with a vibrant public private
Tax complexity will encourage evasive culture
The 85 percent input claim restriction enforced
on business organisations to deduct the input VAT expenditure from
the output VAT tax has a negative impact on prices of consumer items
which results in staggering inflation, said Partner Gajma and Co.
Chartered Accountants N.R. Gajendran.
COL, infrastructure development, top priority in 2008 Budget -
The Government has identified the cost-of-living
and infrastructure development as key challenges and will give top
priority to ease the burden of people and expedite work on
development projects, said Deputy Finance Minister Ranjith