IA’s promotional fares


Indian Airlines Ltd has has decided to launch special promotional fares with effect from January 16 till March 31, 2005. According to a press statement of the airlines issued today, the charge for KTM-Delhi is Rs 5,000 (economy), KTM-Delhi-Kathmandu (economy) Rs 9,600, KTM-Delhi will be Rs 6,700 (executive) and KTM-Delhi-KTM is fixed at Rs 13,000. —HNS

Japan, India tax talks


Japan said it will start talks with India on avoiding double taxation to give new momentum to bilateral trade. Indian finance ministry officials will hold negotiations in Tokyo on February 7-10 on ways to revise the two countries’ tax treaty for the first time since 1989. — AFP