The price of jet fuel in the national capital was increased by 18.32% Domestic airlines in India have called for rationalisation of jet fuel taxes, in a move to combat the spike in fuel prices. High crude oil prices prompted Oil Marketing Companies (OMCs) to raise Aviation turbine fuel (ATF) prices to over Rs 1...
Tag: Taxation
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RInfra net profit up 49percent at Rs 375 crore
Reliance Infrastructure Ltd (RInfra) has reported a 49 per cent rise in its consolidated net profit for the December 2016 ended quarter, owing to better operational performance.
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Pushing Growth
Harsh Pati Singhania, Director, JK Organisation and VC & MD JK Paper, shares his views on the aspects that can redefine the investment climate in India.
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Plan Bangalore 2025
The concern about Bangalore's megacity status is its infrastructure. The industry is garnering government support to a "totality" plan worth Rs 2.5 lakh crore over the next 11 years.
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There is a huge potential to enhance our cement consumption
Consumption of cement can be enhanced by giving major thrust for the development of infrastructure apart from providing a level playing field with the global cement exporters by re-imposing the basic import duty on cement, presently zero,
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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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Govt to disclose final draft of GAAR in 10 days
The draft rules on general anti-avoidance rules (GAAR) prepared by an expert committee chaired by Parthasarathi Shome is sent to the prime minister and a final decision would be taken in 10 days. This information was given by Finance Minister P Chidambaram. The Shome committee suggested that the controversial rules be deferred until 2016-17 and that safeguards be put in place to ensure that taxpayers are not harassed by the rules that seek to deny tax bene
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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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Infrascape 2012 | Logistics: Manpower shortage will hit the sector
With GST on the threshold of being implemented and government's interest to bring in investments in e-governance and infrastructure projects through public private partnerships (PPPs), this has been a fairly good year for the logistics industry.
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More on Board
The Board of Directors of Larsen & Toubro announced that R Shankar Raman will be appointed Chief Financial Officer of the Company on 6 September 2011, and will subsequently be elevated to the Board on 1 October 2011.