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COAL TAX REDUCTION
A $10 trillion industry sprang up when we weren’t lookingDespite political headwinds and global challenges, the sector's rapidly improving economics and falling costs signal a durable foundation, ...- SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
- Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
- GST & coal cess changes to lower power tariffs: CERCThe Central Electricity Regulatory Commission (CERC) has declared that changes in GST and coal compensation cess qualify as 'change in law'...
- New GST reforms to bring down tax on coal, reduce power generation cost with removal of cess, says govtThe government announced Goods and Services Tax reforms for the coal sector. These reforms aim to lower the overall tax burden on coal. Con...
- Share market update: Metal shares mixed ahead of Union Budget; Hindustan Copper climbs 3%The Nifty Metal index was trading 0.56 per cent down at 2554.55.
- What has kept metals sector abuzz in Budget countdown?The metals and mining sector is eyeing a couple of sops in Budget 2020.
- Coal year-end review: Consumers to gain Rs 69,310 crore from reduced power tariffAssuming the government agreed to forego entire tax on coal, the cost of coal will reduce by 50 per cent and the corresponding electricity ...
- Odisha opposes clean environment tax on coalThe Odisha government, however, welcomed the GST Council's decision to impose no tax or the lowest possible tax on daily consumer goods.
- Economic Survey 2015: Five-fold hike needed in coal cess to Rs 500 to sharply cut carbon emissionsThe survey said that coal price reforms of this magnitude could potentially contribute to annual carbon emission reduction of 214 million t...
- Economic Survey 2015: Green initiatives that re-energised renewable sectorThe Economic Survey observes that there is still a long way to go with potential large gains still to be reaped from reform of coal pricing.
- Top stocks and sectors to watch out in Union Budget 2014“Budget measures and the anticipated fiscal road map unlikely to significantly exceed expectations,” says CLSA in a note.
- GMDC to gain as uncertainty over coal supply brings lignite in focusAmidst the uncertainty over domestic coal supplies, the Gujarat Mineral Development Corporation (GMDC) has emerged as a strong substitute t...
- Fall in coking prices & better outlook on iron ore signals good time for JSW SteelAnalysts believe a 5% reduction in coking coal prices can improve the Earnings before interest, depreciation, taxes and amortisation (EBIDT...
- Mining tax in Australia: Indian steel companies like JSW Steel, SAIL to escape coal burn down underThe 30% tax levied by the Australian government on mining companies in the resource-rich country is not likely to have much impact on inter...
- Union Budget 2012-13: Power tariff set to reduce as a result of the exemptionsCountry’s largest power producer, NTPC, and private power producers such as CESC are unhappy about the exemption of customs duty on importe...
- Budget 2012: Removal of import duty on thermal coal a positive step for steel industry, says Vishal Agarwal, Visa SteelThe government's move to remove import duty on thermal coal will benefit the domestic steel industry, said Vishal Agarwal, managing directo...
- Tata Power: Coal biz can drive profits in medium termTata Power has recorded a significant turnaround with consolidated net profits of more than Rs 1,000 crore against a marginal loss in the p...
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