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ROAD MAINTENANCE TAX
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,...
In 1990, Switzerland crushed an old A13 road and reused 66% to 100% of it in new concrete; 20 years later, every recycled test mix was still rated good or very goodNew research highlights the impressive durability of Swiss highways built with recycled concrete over several decades. The A13 motorway too...
Ashok Leyland: A stronger balance sheet inside a business that will always remain cyclicalQuarterly numbers tell you what happened. But they do not always tell you why it happened. In commercial vehicles, demand can change becaus...
Assam’s greatest resource for industrialisation is its human resource: Finance Minister Jayanta MallabaruahAssam's Finance Minister Jayanta Mallabaruah emphasized the role of human resources in driving the state's industrialization efforts. The g...
Jindal Supreme shares list at 31% premium over IPO price on BSEThe Rs 124.88 crore Jindal Supreme IPO comprised a fresh issue of 1.07 crore shares aggregating to Rs 99.89 crore and an offer for sale (OF...
Jindal Supreme IPO allotment likely today: GMP signals 31% listing gain. Here’s how to check statusJindal Supreme IPO allotment is expected today after the issue was subscribed 181.07 times. Here is how investors can check allotment statu...
- Jindal Supreme IPO gets bumper subscription at 181 times on final day; GMP at 27%
Jindal Supreme IPO: The Jindal Supreme IPO saw overwhelming investor interest, closing oversubscribed 181 times. Retail and Non-Institution...
Jindal Supreme IPO Day 2: Issue subscribed over 31 times, GMP at 27% — Should you subscribe?The Jindal Supreme IPO has attracted strong Day 2 demand, with overall subscription reaching 31 times. Its GMP stands at Rs 25, suggesting ...
Jindal Supreme IPO Day 1: Issue subscribed over 200% in early bids, GMP at 29%. Should you subscribe?Jindal Supreme IPO opened on September 16 with the issue subscribed 2.10 times on Day 1. The Rs 124.88 crore issue has a price band of Rs 8...
Jindal Supreme IPO opens today; GMP signals 29% potential listing gain. Check key detailsJindal Supreme IPO opens today, September 16, and will remain open until September 18. The issue comprises a fresh issue of Rs 99.89 crore ...
'Rs 15 lakh car is not really a Rs 15 lakh decision': CA shares a financial checklist most buyers skipCA Nitin Kaushik says buying a car requires looking beyond the sticker price and EMI. Buyers should calculate the on-road cost, down paymen...
- Can a right to collect toll become taxable payment? The GST question
A Supreme Court case questions whether a government-granted right to collect tolls constitutes non-monetary payment for highway constructio...
A man's comparison between open air vs gated societies: Security, amenities or human connection?A man’s comparison of gated societies and open neighbourhoods has sparked discussion about whether security, parking and private amenities ...
‘Crypto today is where mutual funds were in 1995’: BitDelta India CEO on digital assets and their role in your portfolioVikaas M. Sachdeva, CEO of BitDelta India, talks to Abhinav Kaul about his journey from mutual funds and PMS to crypto, and where digital a...
Technocraft Ventures raises Rs 75.55 cr from anchor investors ahead of IPOTechnocraft Ventures Ltd secured Rs 75.55 crore from anchor investors before its public offering. The company's Rs 252-crore initial public...
Cube Highways Trust InvIT debuts with 2% premium over issue price of Rs 152Cube Highways Trust InvIT listed at a 2% premium on Friday at Rs 155 per unit following strong investor demand for its Rs 5,000-crore publi...
Cube Highways Trust InvIT subscription opens today. Here are key details for investorsCube Highways Trust InvIT opens its Rs 5,000-crore public issue today at a price band of Rs 151–152 per unit. The infrastructure trust offe...
- No service tax on road construction: CBEC
The government has clarified that construction of roads is not a taxable service, though repair, management and maintenance of roads will a...
- Filling up potholes will attract service tax now
In a move that could influence the toll structure in India, the law ministry has endorsed the revenue department’s view that repair and mai...