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.
Tag: infrastructure
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Infrascape 2012 | Urban Infra: Needed A reformed JNNURM
Implementation of reforms still lacks pace under the scheme. Inflation and reduction in induÂstrial output have deceÂlerated infrastructure reforms. Only about 70 per cent of projects have been allotted against the target.
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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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Infrascape 2012 | Roads: Financing will be key
Efficient technical competÂence, quality management, resÂource mobilisation and control are factors that have contributed positively to the growth of the sector. The ambitious plans for development of infrastructure of the government
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Experts discuss project and policy solutions to financing hiccups
Stemming from India's nascent entry into private development of gigantic proportions in infrastÂructure, the financing of this behemoth has often been called the hiccup in the works.
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US eyeing Indian infra sector
The US is scouting for a bilateral investment treaty with India eyeing on the huge business opportunities in building India's infrastructure. Given that 80 per cent of the infrastructure of 2030 has yet to be built,
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RIL, BP ink gas joint venture
Reliance Industries (RIL) and BP have set up India Gas Solutions, a 50:50 joint ventÂure company, to globally souÂrce and market natural gas in India. It will also develop infrastructure for transportation and marketing of the gas.
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Rs 25,000 cr mega infra projects cleared
The government gave regulatory clearances to three mega infrastructure projects involving an investment of Rs 25,000 crore. These are the first among a few projects the government has shortlisted to be put on a fast track.
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Infrastructure: New catalyst in the equation
Canada's steady and ongoing investment in India means that the confidence and basic market understanding are pre-eminent among Canadian companies. Jai Mavani explains what the entry points, facilitations and barriers are to invest in India's infrastructure.
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Fulfilling today without compromising tomorrow
India's water situation has deteriorated alarmingly, so conventional measures to augment water levels are not enough. As the world moved this year closer to making water infrastructure a sustainable activity, India lags behind.