In a bid to boost power capacity, Finance Minister Pranab Mukherjee said tax holiday for power sector would be extended till 31 March 2012. The power sector is entitled to tax exemption, under section 80-IA of the income tax act. The exemption will benefit projects that are expected to take off in the 11th Five Year Plan, including UMPPs.
FlashNews:
InfraPandit Awards 2025 Spotlight Doctoral Research Driving India’s Infrastructure Future
India Eyes US Trade Framework Deal by Year-End; FDI Strategy Expands Beyond Market Access
Centre Weighs Infra Status for Hotels to Unlock Tourism Investment: Shekhawat
India’s GDP Surges 8% in H1 FY26, Driven by Infra and Services
SIA‑India Pushes Bold Budget, Hybrid PLI to Power Space Sector Takeoff
South Asia Must Scale Hydro, Storage and Power Trading for Grid Integration: CEA Chief
India Can Save $204 Billion in Infra Pipeline with Better DPR Planning: Vector Consulting
Prime Minister Modi Inaugurates Skyroot’s Rocket Factory; Company Targets $21 Billion Launch Market
IWAI Signs ₹13.5 Billion MoUs to Boost Ganga Waterway in Uttar Pradesh
MOVIN Launches Healthcare Logistics Vertical to Tap India’s $638 Billion Industry
Atlanta Electricals Secures ₹2.98 Billion Transformer Orders from GETCO
Waaree Group Wins 10 MWh BESS Order in Tamil Nadu, Expands Domestic Storage Manufacturing
Cabinet Approves ₹27.8 Billion Rail Multitracking to Boost Gujarat and Maharashtra Connectivity
BC Jindal Group Secures 150 MW RTC Power Deal with SECI
India’s Data Centre Revenue to Hit ₹200 Billion By FY2028, Driven by AI, Cloud and 5G: Crisil Ratings
Sanchar Saathi Recovers 50,000 Phones in October; Crosses 700,000 Nationwide Since Launch
Akasa Air Expands Northeast Connectivity, Adds Dibrugarh as 32nd Destination
Ministry of Power Advances India Energy Stack with Taskforce Review of Strategy and Architecture
Vaishnaw Stresses Industry-Aligned Skilling to Power India’s Digital and Electronics Growth
Home » Tax holiday extended to 2012
Tax holiday extended to 2012
Power & New and Renewable Energy
April 1, 2011April 1, 2011


Leave a Reply
You must be logged in to post a comment.