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The finance ministry has announced exemption for exporters from services taxes by ports, railways and road transport. Many exporters have been hit badly due to recent downtrend in US dollar. The rupee value has appreciated recently and has hit the net profits of many companies.

The statement issued by Finance Ministry said, "Government has issued a notification providing refund of service tax paid by exporters on four taxable services, which are not in the nature of input services but could be linked to export goods."

Sanjay Pal Singh ended in mental hospital after ragging by few seniors. Sanjay recently got admission to MCA course at a private management institute in Lucknow.

As per the reports, Sanjay got admission at Sahara Arts and Management Academy. He was allegedly ragged by students from Lucknow University who were his seniors and were living in the same hostel.