Electricity distribution to the end consumer has been identified as the weakest link in the power value chain. For this sector to turn around, nothing less than a complete makeover is required of various aspects of the distribution matrix.
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India is ready to build for the world!
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Budget Reactions 2011
Service tax exemption of 25 per cent from taxable value is being provided to services of transport of coastal goods and goods transported through national waterways or inland water with no CENVAT credit of taxes paid on inputs, input services and capital goods. The effective service tax rate is 7.725 per cent.