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HIGHWAY CONCESSIONAIRES
GST 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaulThe GST Council recently approved substantial reforms to simplify the indirect tax structure and improve compliance. These changes include ...- GST reforms: No tax on toll collection by highway concessionaires; road maintenance tax liability clarifiedThe GST Council has clarified that highway concessionaires collecting exempt tolls will face no GST liability on the toll collection right,...
- Highway engineers to face rating cuts for failuresMajor structural collapses and severe serviceability losses in national highway projects are classified as catastrophic failures, leading t...
- NHAI debars Theme Engineering Services & Ishita Info Solutions from bidding for future road projectsDebarment is on account of serious lapses in discharge of their contractual obligations of the independent engineer, including failure to e...
- National highway contractors must get government permits for foreign workers, ministry clarifiesNational highway contractors must obtain government permits for hiring foreign workers. Any change in concessionaire ownership requires pri...
- West Asia crisis: National Highways Builders Federation seeks 3-month extension of road relief measuresNHBF has sought a three-month extension of relief measures until December, citing continued West Asia crisis-related volatility in fuel, lo...
- First-ever full toll suspension: Expressway develops defects weeks after opening; NHAI bans concessionaire for 3 years, seeks Rs 42 lakh daily compensationNHAI PNC Infratech Ban: Following the inauguration of the Kanpur-Lucknow Expressway, significant defects were reported, prompting the Natio...
- Roads to safety: NHAI to remove stray animals from highways under new MoRTH rulesNew guidelines aim to prevent stray animals on national highways and expressways. This initiative follows a Supreme Court directive to the ...
- PNC Infratech shares tank 20%. What’s triggering the steep plunge on Tuesday?PNC Infratech shares plunged after NHAI extended the debarment of Awadh Expressway to the company for three years, restricting its particip...
- Can a right to collect toll become taxable payment? The GST questionA Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...
- National Highway builders bat for BOT annuity model to avoid zero-bid scenarioThe National Highways Builders Federation said the current BOT (toll) model exposes private developers to an unacceptably high level of ris...
- Road ministry revises model concession agreement for BOT projectsSome of the key provisions introduced in the revised model concession agreement (MCA) include the buyback option, revenue support to conces...
- NHAI to bid out 54 highway projects worth Rs 1.80 lakh cr in FY27National Highways Authority of India plans to bid out 54 projects this fiscal year. These projects will cover 2,442 kilometers with a capit...
- Highway project delays invite ₹2,732 crore penaltyThe government has imposed cumulative penalties of about₹2,732 croreon contractors and concessionaires for delays in highway project execut...
- NHAI directs road contractors to adhere to MBCB guidelinesIn a statement issued Wednesday, the ministry of road transport and highways said the National Highways Authority of India (NHAI) has direc...
- NHAI to rate concessionaires on the quality of construction and maintenance of national highwaysThe National Highways Authority of India, on Friday, said it has developed a comprehensive rating system for assessing performance of the c...
- Relief measures for road contractors on the cards"We have been receiving representation from concessionaires for relief," the official said. "Some relief will have to be provided. We shall...
- Cabinet may take up Road Ministry's proposal to amend MCAA Road Ministry official said the proposal seeks to allow highway developers to exit under the clause of Substitution (Agreement) in the Mo...
- Cos may get low-cost loans for state highway projectsFirms undertaking construction of state highways may get loans at concessional rates for shortfall in revenue collection due to any governm...
- State highways get a PPP boostAfter national highways, it is now the turn of state highways to get an impetus through public-private partnership (PPP).
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