Corporate Results of over 2500 companies
Tuesday, April 11, 2000

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Steel-makers get factory gate price, uniform excise
Finance minister Yashwant Sinha had no new sops for the steel industry this year. He simply ironed out some creases to create a level-playing field between the big market players and the little ones and sent cheer all around.

Tax ceiling on housing loan repayment raised to Rs 20,000
Finance minister Yashwant Sinha has continued the thrust given to the housing sector last year extending a number of benefits to it as per Vajpayee-led coalition government's agenda under `Housing for all' in urban and rural areas.

100% tax deduction for shipping firms if profits are invested in new vessels
The 2000-01 Budget offers shipping companies the option of having their entire profits tax deductible if the amount is invested in new shipping vessels.


  Top View/VS Mehta
  Uniform 16% levy on tractors to hit smaller engine segment
  5% duty cut clears way for hiking petro prices
  Capital gains tax exemption on NHAI bonds
  No cheers for auto units
  Plan outlay for power PSUs increased to Rs 9,194 crore

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