Gujarat, widely acknowledged as the most business-friendly state in India, figures among the top five states that account for 69 per cent of the country´s total export earnings.
Tag: infrastructure
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Infrastructure, business-friendly policies keep Gujarat ahead in exports
Gujarat, widely acknowledged as the most business-friendly state in India, figures among the top five states that account for 69 per cent of the countryÂ’s total export earnings. It is also among two states, the other being Maharashtra, that together account for more than 46 per cent of the merchandise consignments from the country.
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Trials begin for new traffic plan at Chennai airport
Trials have started for a new traffic plan at the Chennai airport that will significantly improve vehicle movements when implemented, reports Business Line. This new plan, which involves putting to use the newly constructed centre ramp, is likely to be open in two months.
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Bentley announces the finalists of ´Be Inspired´ Awards
Bentley Systems Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, has announced the project finalists in the 2016 Be Inspired Awards program.
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World-class infrastructure is the need of the hour
Infrablaze 2016, a flagship event of the Symbiosis Centre for Management and Human Resource Development (SCMHRD), witnessed an audience made up of students and equally enthusiastic academicians.
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GST implementation will ensure seamless credit availability
The most crucial tax reform since Independence, GST aims to iron out a multilayered indirect tax system and usher in a uniform tax structure. This development augurs well for the infrastructure sector.
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Many players have not yet started serious efforts to gear up for GST
The infrastructure industry has to gear up for the GST implementation considering significant changes in the proposed tax structure for this sector.
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Clearing the Tax Clutter
India has a unique indirect tax landscape for the infrastructure sector. While the sector enjoys a plethora of concessions and exemptions, the very nature of the contracting structure is troubled with a large amount of complexities, more so on the EPC contracting side.
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Most complex tax regime by far
The macroeconomic aspects of GST haven´t been taken into account. If the government says that it will collect more revenue, then that means that prices will have to rise because it´s an indirect tax. If prices rise, then industrial output would tend to stagnate or decline.
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Growth Stimulus Treatment (GST)
That our country´s GDP growth rate is going to get a bump-up if the Goods and Services Tax was to be implemented, is a consensus among many experts, as well as the industry bodies, although they may differ regarding the extent of push GST is likely to give our economy, with the quantum suggested varying from 1-3 per cent of incremental increase in growth