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audit

Coimbatore builders want relief

Coimbatore builders want relief
The Builders and property promoters in Coimbatore requested to the Commissioner of Central Excise, Customs and Service Tax to focus on the problem they faced in payment of Service Tax. The Representatives of the local Builders’ Association of India and Confederation of Real Estate Developers’ Associations of India and the Coimbatore Builders and Contractors Association [...] Continue Reading »

Write-offs of Rs 280 cr adds up Gammon India loss to Rs 454 cr

Write-offs of Rs 280 cr adds up Gammon India loss to Rs 454 cr
Write offs of Rs 280 crore have further added to the losses of Gammon India. Due to write offs Gammon India has faced a loss of Rs 454 crore.  This has been reported in the audit result done in December. The net sale decreased by 16.3% to Rs 1,020 crore and loss of Rs 150 [...] Continue Reading »

Toll policy unveiled by Maharashtra

Toll policy unveiled by Maharashtra
The Maharashtra government plans to close down around 22 toll collection booths, in addition to about 65 which had already been shut. Roads constructed with expenditure below Rs 10 crore are expected to be toll free soon. The move is an attempt to escalation of confrontation with opposition parties, especially the Maharashtra Navnirman Sena (MNS). [...] Continue Reading »

BMC to start audit of potholes

BMC to start audit of potholes
A team of Brihanmumbai Municipal Corporation (BMC) civic engineers is to conduct an audit of the pothole-filling work being carried out on city roads. The decision has been taken after 1,738 potholes were reassigned or reopened for filling. The BMC claimed that the cold-mix technology used to fill potholes is effective enough. However, recent heavy [...] Continue Reading »



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