Infrastructure developers are eligible for a tax holiday for 10 years, and the government has permitted a looser interpretation for the benefit of infrastructure. Vishal Shah and Bijal Desai refer to relevant court and tribunal cases and explain the more nebulous of the tax holiday eligibility clauses.
Category: Roads & Highways
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Credit ratings: Need for a different rating mechanism
Conventional investment credit ratings-typically lower than desirable for infrastructure projects-constrain financing infrastructure investments in India, says Dhruba Purkayastha. So should the methodology be revisited?
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NE road projects
The Planning Commission has granted 'in principle' approval to 25 projects against the 56 road project proposals put forth by the North Eastern Council (NEC).
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Coir geo-textiles in road building
The Coir Board has got the Indian Road Congress approval for use of coir geo-textiles in rural road construction.
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Infrascape 2012 | EPC: Roads may offer best opportunity
Essar Projects has seen a fair amount of movement in the EPC market in India. NHAI's long overdue push to align commercial and contractual environment for augmenting India's road infrastructure began to deliver results in FY2012.
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4th KPMG Infrastructure Today Awards 2011
Over the last four years there has been increased private sector parÂticipation in infrastÂructure via Public Private Partnerships (PPP), and as an objective but active participant in docuÂmenting this growth,
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Case study: At crossroads of safety
Egyptian National Railways is implementing microprocessor-based LxCS for 136 level crossings on electrical and mechanical signalling lines. Indian company KMIL provided research and supplied systems.
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L&T eyes stake in road projects
Larsen & Toubro is scouting to acquire majority stake in road projects worth around Rs 1,000 crore each to boost its portfolio.
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Ministry pitches for e-tendering
The Ministry of Road Transport and Highways has asked NHAI and states to striÂctly adopt e-tendering system for better transparency in highways projects, saying it is not being properly implemented.
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Trans harbour link to earn Rs 1.1 cr toll
The Mumbai Trans Harbour Link (MTHL) is set to become the highest toll-generating project in the state, roping in a whopping Rs 1.1 crore as toll everyday. This is about double the toll collected from the five entry points in Mumbai and the Mumbai-Pune Expressway,