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July 9, 2008 Raw Cotton exempted from customs duties July 7, 2008 Applicability of Service tax on Works Contract / business of development and sale of immovable properties July 5, 2008 Government statement on inflation July 4, 2008 28 FDI proposals cleared July 4, 2008 Direct Tax Collections July 4, 2008 Amendments to the Industrial Park Scheme July 3, 2008 Govt to gradually shift to accrual system of accounting July 2, 2008 Statement on Service Tax on GTAs July 2, 2008 Corrigendum to Press Note 7 (2008) - Consolidated Policy on Foreign Direct Investment July 1, 2008 Excise duty provisions for Pan Masala and Gutkha notified July 1, 2008 Exports up by 12.9% in May 2008 July 1, 2008 CBDT clarifies on tax holiday on oil and natural gas production June 30, 2008 Tariff value of edible oils, brass scrap and Poppy seeds notified June 26, 2008 Service Tax exemption for goods carriage to GTA June 25, 2008 Corporate and Income Tax collections show growth rate of over 43% June 25, 2008 Statement of Finance Ministry on REPO rate hike June 25, 2008 India signs four economic agreements with Myanmar June 24, 2008 Finmin dragged to HC over SEZ tax sops - Involving the issues related to Service Tax and Cenvat Credit June 24, 2008 100% FDI permitted in most sectors under automatic route June 24, 2008 India-Singapore IPR cooperation likely to be signed soon

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