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DDA hands over 20-acre Rohini site to DTC for Millennium Depot re-location

DDA hands over 20-acre Rohini site to DTC for Millennium Depot re-location
According to a senior official in the Land Management Department of the Delhi Development Authority (DDA) has revealed that the possession of one of the three alternate sites has been handed over to the Delhi Transport Corporation (DTC) for the re-location of the Millennium Depot. Built with a total construction cost of Rs 60 crore, [...] Continue Reading »

GAAR to be levied from March 2015

GAAR to be levied from March 2015
A government official stated that the government is still in dilemma on whether the much controversial general anti-avoidance tax law or GAAR should be started as scheduled and whether they have enough time to review it. Shaktikanta Das, the revenue secretary said during a post budget interaction along with an industrial body CII that, in [...] Continue Reading »

GAAR should be implemented post review: Shaktikanta Das

GAAR should be implemented post review: Shaktikanta Das
The government is yet to decide on whether the controversial general anti-avoidance tax law GAAR should be implemented as scheduled or not. They have enough time to review that, and should look into all the aspects before taking the final call. The Revenue Secretary Shaktikanta Das mentioned in a post-Budget interaction with industry body CII (Confederation [...] Continue Reading »

Over 50 SEZ developers seek more time to complete projects

Over 50 SEZ developers seek more time to complete projects
More than 50 Special Economic Zones (SEZ) developers, including Dr Reddy’s Laboratories, Vedanta Aluminium and Tata Consultancy Services have asked the government to grant them some more time to implement their projects. The requests are to be considered by the Board of Approval (BoA), headed by Commerce Secretary Rajeev Kher, on March 10. Other developers seeking additional [...] Continue Reading »



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