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SAMIR KANABAR
Refund surge, slow advance tax drag down India’s net collectionsIndia's net direct tax collections experienced a slight decline of 1.39% year-on-year, reaching ₹4.58 lakh crore due to increased refunds a...- Budget provisions to deal with delayed payments to MSMEs may need tweaksThe budget proposed an amendment to Section 43B of the Income Tax Act which ensures that the buyers can claim deduction in income tax only ...
- Govt may spell out rules to tax global digital cos like Google and FacebookSuch a move would also follow the introduction of the basic framework on “significant economic presence” or digital permanent establishment...
- I-T dept seeks views on significant economic presence for taxing NRIsWhile introducing the concept of ‘Significant Economic Presence’ the budget also amplified the scope of the definition of “business connect...
- Budget 2017 expectations for infrastructure sectorThe infrastructure sector of the Indian economy still continues to be one of the main thrusts pushing the economy in the upward direction.
- Budget 2015: We will be the first to get corporatised, says Jawaharlal Nehru Port Trust's NN KumarKumar also hailed announcements to improve the PPP model as well as the thrust on infrastructure, saying this will help the port.
- Budget 2014: Solar power industry gets a boost in BudgetNarendra Modi-led government's first Budget has given high priority to renewable energy sector with an allocation of Rs 1,000 crore.
- Road developers gain over 4% on investment plans in Budget 2014Shares of road developers gained as much as 4 per cent after FM proposed a Rs 37,880 crore investment in NHAI and state roads in the curren...
- FM leaves proposal to tax Vodafone-type deals untouchedMukherjee held firm on amending the I-T Act with retrospective effect to tax capital gains on sale of assets in India through indirect tran...
- Shipping ministry sees Rs 4kcr for dredging in 12th PlanThe shipping ministry wants to step up dredging at major ports in the 12th five-year plan and hopes to get a budgetary support of over Rs 4...
- Ports may get Rs 1.8 lakh crore investment in 12th planGovernment is looking at an investment of over Rs 1,83,000 crore in ports in the 12th Five-Year Plan, most of which will come from the priv...
- Shipping Ministry pares capacity addition targetsThe shipping ministry has scaled down the targets for capacity addition and planned investments in the current fiscal after a dismal 2011-1...
- Govt likely to award only 5 port projects this fiscalThis move adds to the sector's growing worries, which is reeling under capacity constraints, long pending clearances and lack of clarity in...
- India's port capacity expansion plans in rough watersIndia's port capacity expansion plans could go awry, thanks to a stalemate between the shipping ministry and Planning Commission over polic...
- Shipping Ministry to award projects worth Rs 13,000 crore under PPP modeThe shipping ministry plans to award seven projects, worth Rs 13,000 crore, under the public-private partnership mode in the next three mon...
- New bill gives private ports, states that sinking feelingThe union government will introduce a bill, the Port Regulatory Authority Bill, in the next session of Parliament to regulate all ports in ...
- Minor ports beat major ports in traffic growthPrivate and minor ports have overshadowed their larger counterparts, posting double-digit growth in traffic in fiscal 2010-11.
- Captive port policy to reward cos that cut cargo-handling timeThe government will announce a captive port policy next week that will allot exclusive berths to companies that reduce cargo-handling time ...
- Solar power project licences up for sale as cos look to make fast buckSeveral companies that secured solar power projects from the government are selling their licenses at a premium to bigger firms, a senior g...
- 'Simple' FDI norms block flowInvestment that was permitted under automatic route in some key sectors will now require clearance by the FIPB & govt. Investing for long t...
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