GST is likely to be introduced from April 1, 2017. Implementation of GST would have huge impact on Corporate India, including the infrastructure industry.
The impact assessment is dependent on various factors inter alia rate of tax, threshold limits, etc.
FlashNews:
Lotus Takes Flight: Mumbai’s Aviation Horizon Expands as PM Modi Launches Navi Mumbai International Airport
NMIA Ripple: Real Estate Activity Accelerates Across Panvel and Navi Mumbai
Avaada Group Commits ₹360 Billion to Gujarat’s Green Energy Push at Vibrant Gujarat 2025
India’s Solar Push Goes Local: Minister Joshi Highlights People-Centric Energy Transition at ISA Curtain Raiser
IndiGo Unlocks Nordic Gateway with Direct Mumbai-Copenhagen Flights
IMC 2025: Satcom Summit Calls for Space Networks to Bridge Digital Divide
Air India-STARLUX Interline Deal Opens Seamless Access to Taiwan via Southeast Asia Gateways
Sembcorp to Acquire ReNew Sun Bright, Expanding India Solar Portfolio to 6.9 GW
Indian Railways Achieves Record Capex Utilisation in H1 FY26; Safety and Network Expansion Lead Spend
IMC 2025: Modi Urges Indian Tech Leaders to Scout Global Gaps and Make for the World from Bharat
IMC 2025: Scindia Positions India as Telecoms Launchpad for Global Innovation and Scale
Modi Government Clears ₹12 Trillion Infrastructure Push in Third Term, Says Vaishnaw
Over ₹109 Billion in Rooftop Solar Loans Sanctioned Under PM Surya Ghar Scheme
India Flags Third VLGC ‘Shivalik’ as Maritime Push Gains Momentum
MGL and Oil India Forge LNG Partnership to Accelerate Clean Transport and Energy Transition
Khattar to Represent India at G20 Energy Meet in South Africa, Showcasing Renewable Milestone and Inclusive Growth Agenda
Cabinet Clears ₹24.63-Billion Rail Multitracking Push Across Four States, Adding 894 km to National Network
Avantel Unveils ₹560-Million Hyderabad Facility to Boost Indigenous Aerospace and Defence Technologies
Air India Express Expands Delhi Network with Seven New Routes Across India
Tag: royalty
Tax on cement should be brought down
Govt to benefit from natural gas price hike
In a report, Goldman Sachs said the government would stand to gain Rs 14,900 crore by way of royalties and taxes from the incremental gas price accruing to state-owned producers ONGC and Oil India in 2014-15 fiscal. The report said, "We note about 65 percent of incremental gas revenue from a price hike would flow back to the central and state governments as royalties, VAT,
Experts seek revamp of royalty policy
Experts argue that the mining industry in India is subject to adhoc and arbitrary royalty regime by the government. They argue that faulty royalty regime is one of the issues plaguing the sector. Industry observers feel that royalty rates of all metals were increased to figures much above the global standards
CPT discusses royalty issue with consortium
Calcutta Port Trust (CPT) is said to be holding discussion with the consortium of Concast Infratech and Hyundai Engineering Construction over the royalty payment for the proposed Haldia Dock II project at Salukkhali in East Midnapore. The consortium, which was the sole bidder for the south part of the port project, offered to share only 1 per cent of the gross revenue as royalty. However, this was not agreeable to the port management and hence both
Draft report calls for hiking royalty on ore
In its second draft report, a mines ministry-appointed study group suggested hiking royalty on iron ore to 15 percent from the present 10 percent. The proposal was made based on views taken by the group from various stakeholders including state and centre governments, companies belonging to both public and private sectors, reports indicate
Govt panel may suggest hike in royalty fees
A committee appointed by the union government to recommend on the amount of royalty to be paid by iron ore miners to state governments would submit its report in the next few weeks, media reports indicate. According to source-based information, the committee would suggest the government to raise the royalty fees of iron ore miners by 50 percent
Panel issues directives to AP govt
The Public Accounts Committee (PAC) of Andhra Pradesh government asked the state government to conduct a socio-economic survey in the areas where ports are proposed to be set up. Specifically, the committee wants the government to study the kind of dislocation that might cause to the local people because of port projects and if rehabilitation was
Govt sets up panel for revision of royalty
Some of the mineral rich states like Chhattisgarh, Jharkhand, Karnataka, Odisha, Rajasthan requested to enhance the rates of royalty for major minerals. The government has set up a Study Group on revision of rates of royalty and dead rent for major minerals (other than coal, lignite and sand for stowing) on September 13, 2011. The Study Group has to undertake detailed consultations with all stakeholders. The Study Group is likely to submit its final report shor
Cabinet clears Rs 17 bn second dock project
Union Minister of Shipping GK Vasan informed that the cabinet cleared the proposed Rs 1,700-crore second dock complex project at Haldia recently. It is learnt that the West Bengal government allocated around 160 acre of land for the proposed facility. Kolkata Port Trust (KoPT), however, failed to attract private participants for the project. Though the port auth
Kolkata Port negotiates with 2 bidders
RPS Kahlon, Chairman of the Kolkata Port Trust informed that the port was negotiating with the two lowest bidders to reduce the bids for operating two berths at Haldia Dock Complex (HDC). The port wants the price to be below Rs 200 per tonne, Kahlon said at an event of the Bengal National Chamber of Commerce and Industry
- 1
- 2