Karnataka slaps 4 per cent ST on computer software
Karnataka, the country's most IT-savvy state, has imposed a 4 per cent sales tax on computer software including programming, providing and leasing of computer software.

Maran mulls sops for states, exporters
With five days to go for unveiling the Exim policy, the commerce and industry minister Murasoli Maran is planning to offer several incentives for boosting exports.

German Remedies deal by mid-April
The German Remedies sell-off deal, expected to be sealed by mid-April, took an unusual twist on Monday when Nicholas Piramal issued a statement saying that it is not interested in taking up equity in the company.


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