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Opinion
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News Analysis
The last sentence in the New York Times report was “The 5,000-pound satellite, roughly the size of a school bus, was managed went dead shortly after it was launched in December 2006.” It should have been “The 5,000-pound satellite, roughly the size of a school bus, was managed by the National Reconnaissance Office and went dead shortly after it was launched in December 2006.” “As a step in this direction, the Associated Chambers of Commerce and Industry of India (Assocham) has sought reduction in the CST rate from 3 per cent to 2 per cent and integration of excise and service taxes with Central GST during 2008-09 ….” GST is Goods and Service Tax, and not General Service Tax. It will not be an integration of excise duty and service tax with sales tax but is proposed to be a replacement of excise duty and service tax as well as, if possible, Value Added Tax (VAT). It is the policy of The Hindu to correct significant errors as soon as possible. The Readers’ Editor’s office can be contacted by Telephone: +91-44-28418297 (11 a.m. to 5 p.m., Monday to Friday); E-mail: readerseditor@thehindu.co.in Mail: Readers’ Editor, The Hindu, Kasturi Buildings, 859 & 860 Anna Salai, Chennai 600 002, India.
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