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GDP to grow by 9 pc: ASSOCHAM


New Delhi, Dec 28, 2007 : According to a survey conducted by the Associated Chambers of Commerce and Industry of India or ASSOCHAM, the GDP is expected to grow by 9% in the fiscal year 2007-2008.

Earlier, ASSOCHAM had projected the GDP growth at 8.7% but considering the growing rate of investment, it has revised its projection.

 

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Bring parallel economy into tax net: Kalam

Nagpur, June 16: President Dr A P J Abdul Kalam called for research to work out ways and means to bring the country's entire economy, including the 'parallel economy', within the tax net. Speaking at a function as part of the silver jubilee celebrations of the National Academy of Direct Taxes (NADT) here, Dr Kalam said the research would enable the Ministry of Finance to make the necessary changes in its policy every year to.....
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