Lower fines, but more powers to assessing officers

Taxmen hope black money declarations will touch Rs 50k cr

Disclosures pick up pace, clock Rs 25k cr; deadline midnight on Friday


Samiran Chakraborty

Economic Indicators

YoY (In %) Current Qtr Ago Yr Ago
Inflation (31/08) 3.74 0.79 -4.95
IIP (31/07) -2.40 -1.30 4.30
GDP (30/06) 7.10 7.20 7.50
CPI (31/08) 5.05 5.76 3.74
CRR (09/09) 4.00 4.00 4.00
Bank rate (16/09) 7.00 7.00 8.25

Editorial Comment

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