In a story titled ”Chaturvedi panel report on co-ops likely today”, Business Standard reports that budgetary allocation for this sector may fall by 3000 Crore in view of the financial assistance given to co-operatives under the agricultural debt waiver and debt relief scheme of 2008.
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The Hindu Business Line
The Hindu Business Line has carried a PTI story which quotes veteran economist Suresh Tendulkar as saying that the Reserve Bank of India (RBI) may consider withdrawing excess liquidity in the system to tame high inflation at its monetary policy review.
The Hindu Online
In its story ”MCD proposes increase in property tax rates”, the Hindu reports that in a meeting to finalize the revised MCD budget estimate for 2009-10 and budget estimates for 2010-11, the Standing Committee of the Municipal Corporation of Delhi proposed some modifications in the existing rates of property tax and mooted several new taxes and surcharges.
Times of India
In a story titled ”Exporters want easier tax norms”, TOI reports that the Indian Export Organisations president will present a wishlist looking at simpler tax norms and continued stimulus from the government in 2010-11 during a budget-making discussion today (Wednesday).