Enterprises operating from over 200 Special Economic Zones (SEZs) in the country are likely to be exempted from the minimum alternative tax (MAT) of 18.5 per cent on their book profits.
Category: Infrastructure Finance
Post
Post
The future in India seems challenging, yet promising
Firstly, while the global market remains volatile and has an impact on the Indian economy, India is expected to retain a growth rate of 7.3 per cent for FY 2015-16, as per the International Monetary Fund (IMF).
Post
WB anchor investor in Rail Fund
The World Bank would be the anchor investor in the new Railway Development Fund, which would be used to fund the modernisation of Indian Railways, Railway Minister Suresh Prabhu said.
Post
CBI investigates diversion of funds
The government has asked highway developers and banks to put their house in order or prepare for their contracts to be terminated.
Post
Happy New Infrastructure!
Clearly, the government had saved the best for the last, with a flurry of policy decisions at the year end. Infrastructure is clearly in for better times in 2016. The year 2015 was generally a positive one for the economy, although bumpy.
Post
Roads & highways – The road ahead: Challenges and possibilities
While the focus is on sprucing up national and state highways, and rightly so, the government must not forget about city, district and rural roads that need to be upgraded to address the burgeoning traffic.
Post
Rural power faces fund challenge
As the state gears up to meet additional power demand of 3500 MW for rural electrification by the end of 12th Plan
Post
India needs Rs.31 lakh cr for infra in five years: Crisil
The funding need for building India´s infrastructure is large, said a White Paper on Infrastructure Financing by Crisil Ratings and industry body Assocham.
Post
FinMin to infuse Rs.5,000 cr into PSBs
The finance ministry will inject Rs.5,000 crore in public sector banks to boost their capital.
Post
Railways seeks FinMin help to meet Pay Commission ´burden´ of Rs.32,000 cr
As the Railways stares at Rs.32,000-crore additional costs for implementing the Seventh Pay Commission recommendations, Railway Minister Suresh Prabhu