Air India pilots on Monday demanded
payment of their salaries and incentives before November 20,
failing which they would be forced to proceed on strike as per
the notice given to the airline management.
The govt may offer more incentives for exporters on top of the stimulus measures announced last year to help labour-intensive export firms hit by the global economic slump, newspapers quoted trade minister Anand Sharma as saying.
The Supreme Court has said profits
derived from the Duty Entitlement Passbook Scheme and the Duty
Drawback Scheme are incentives and cannot be termed as profits
from business to claim income tax deductions.
Pitching for raising FDI limit to 49% in the defence sector, a study on India`s military exports has said global players are reluctant to fund the industry in the capital-intensive sector due to lack of incentives.