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Sunday, September 27, 1998

AIFTP petition against Samadhan scheme to be heard on October 27
The petition filed by the All India Federation of Tax Practitioners' (AIFTP) against the Kar Vivadh Samadhan scheme has been adjourned till October 27. The matter was part-heard by the bench headed by justice Lahoty here on Friday. The issue is set to be finally decided at the next hearing.

PSU banks to let branch officials dispose of loans
Public sector banks have started delegating powers to officials to dispose of loan applications at the branch level, following the recommendations of the RV Gupta committee on agricultural credit.

Income-tax department starts moving with times
Winds of change are blowing across the corridors of the income-tax (I-T) department, which has begun to shed its antiquated image. Activity has gained momentum, work is on at a faster pace and disposals are gathering speed.


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  US wants better Indo-Pak ties for sanctions' waiver
  Centre clears Karnataka international airport plan
  Union cabinet drops Bihar recommendation
  Reduction in trade barriers sought
  Executive Briefing
  India pushes for lead role in globalisation debate
  FIs want steel promoters to bear 20% of cost overrun for new exposure
  World Briefing
  UP to tackle power shortage with privatisation
  Taiwan urged to loosen China investment rules
  Philippines says Cathay will fly local routes
  Korea to release $5.2 bn to boost consumption
  Who will speak for the euro zone?


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