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Elevated

Elevated

The Board of Directors of Larsen & Toubro (L&T) recently approved the elevation of SN Subrahmanyan as a Whole-time Director, with effect from 1 July.

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Budget Reactions 2011

Budget Reactions 2011

Service tax exemption of 25 per cent from taxable value is being provided to services of transport of coastal goods and goods transported through national waterways or inland water with no CENVAT credit of taxes paid on inputs, input services and capital goods. The effective service tax rate is 7.725 per cent.