Recent GST cuts are set to unlock liquidity and lower capital costs for renewable energy developers, says Siddharth Bhatia, Managing Director of Mumbai-based independent power producer Oyster Renewable Energy, in conversation with INFRASTRUCTURE TODAY’s Manish Pant. He argues that these reforms—if aligned with Make in India priorities—could accelerate project execution and attract foreign capital. Bhatia...
Tag: GST
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GST on Drones Slashed to 5% in Major Tax Reform, Boosting India’s UAV Sector
Uniform taxation rate to reduce prices and spur drone adoption across agriculture, defence, and infrastructure. In a landmark move to support emerging technologies and industrial growth, the GST Council has approved a uniform 5 per cent goods and services tax (GST) on all categories of drones. The reform, announced at the 56th GST Council Meeting,...
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The effect of GST on warehousing and logistics
It has led to an increase in opportunities for Grade A warehouses “After the implementation of GST, we have witnessed significant growth in the manufacturing and e-commerce sectors as part of the Government’s ‘Make in India’ push,” says Rajesh Jaggi, Vice Chairman-Real Estate, The Everstone Group. “The consistent tax framework coming into place as a...
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GST Rates Cut, Affordable Housing Redefined
The slash in GST rates to 5 per cent without ITC from the previous 12 per cent with ITC for premium homes, and to 1 per cent minus ITC for affordable homes from the earlier 8 per cent, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019.
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Toll collections to witness double-digit growth in FY2020
Driven by strong growth in medium and heavy commercial vehicle (M&HCV) along with an increase in the wholesale price index (WPI), toll collections are likely to witness significant growth in FY2020.
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The compressor market will grow above 20,000-25,000 units a year
Despite price sensitivity of the Indian market remaining a major challenge, Conrad Latham, General Manager, Atlas Copco Compressor Technique, India cites that to be competitive in India, the global players are willing to pay for the value of options that are normally associated with improved energy efficiencies like variable speed drive compressors, permanent magnetic motors, cost-effective adsorption dryers or even higher IE-rated motors.
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Need an Integrated Logistic Policy
The logistics industry has always been an underdog and has not received the much-deserved attention yet. Though the sector is full of potential, it is yet to achieve optimal utilisation of resources.
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Housing for All by 2022 to attract $ 1.3 trillion
The ancient Chinese curse, 'May you live in interesting times,' certainly has a lot of pertinence to the Indian real estate today. These are doubtlessly the interesting times for the sector, which has transformed significantly over the last decade.
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Public Spending: Can the Government keep up the Tempo?
Resumption and broad-basing of private investments has become critical to sustain the share of infrastructure investments.
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2018 will be a year of job stability
Though ubernisation is invading the Indian job market, Sudeep Sen, Head of Industrial and Manufacturing Vertical, TeamLease Services believes that e-commerce, logistics, IoT (Internet of things) and manufacturing are the sectors which will create the maximum number of jobs in India and these sectors will see about 18-20 per cent increase in jobs from the present state.