Logistics sector and logistics costs are largely driven by many imponderables that occur in the global, national, and regional canvas. Therefore, it will be wrong on our part if we generalise issues and arrive on conclusions
Tag: GST
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Accord industry status to logistics: Experts
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel.
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Govt should have abolished MAT on infra firms
Founded in March 2008, Bharucha & Partners offers expertise in different fields of legal practice with corporate or mergers and acquisitions, banking and finance, litigation, arbitration, capital markets and financial regulation being its core areas.
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State FMs to meet Chidambaram on Feb 14
Finance Ministers of all the states in the country would meet Union Finance Minister P Chidambaram on February 14 in New Delhi to discuss the framework of the goods and services tax (GST). During the meeting, Chidambaram is expected to seek the nod of the state finance ministers on the framework of GST so that a broad outline of the indirect tax
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Infrascape 2013 | We do not expect any dramatic impÂrovement in 2013
The year 2012 has been a challenging year for the logistics sector as the economic slowdown affected manufacturing leading to general decline in the movements of goods across sectors like auto, commercial vehicles, heavy engineering and capital goods. Tight credit situÂation, no major policy reforms and weak demand made the situÂation further difficult for the sector.
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De-fragmenting the sector
The continually increased budget expenditure on the logistics sector, only 1 per cent of which is in the organised sector, has not borne fruit in cost reduction, so it’s time to recognise efficiency as the new theme to work towards,
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Rail should be an element of logistics
Integration of each arm into the Rs 459,000-crore transport and logistics sector, likely to grow at about 10-15 per cent CAGR till 2015, will be a step towards addressing transportation requirements, writes Vineet Agarwal.
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Tax money and high-risk prospecting
Without investment in exploration leading to discovery of mineral deposits, no investment would be forthcoming in mining, India is a densely populated country with an ancient heritage of mining and metallurgy.
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Logistics: Commit to GST timeline
Businesses are starting to understand that the location and the role of the wareÂhouse will be driven as much by inventory policies and transportation infrastructure as by changes in taxation.
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Logistics: The elusive industry status
There is an urgent need for measures to facilitate growth in ground logistics (warehousing, rail freight and cold chain logistics) and expects some solid reforms to be announced in this budget.