Insurability
The ministry of Commerce stated that introducing a package including roll back of the minimum alternate tax can be announce to help the Special economic zone to revive. Commerce secretary, Rajeev Kher was heard saying that the revival in Special economic zones is important as they would help in the revival of export of capacities. [...] Continue Reading »
As venture capitalists have hurried to get the best in India’s fast growing starting market, we can find a sudden rush of money coming into selected set of many emerging business companies. In the coming year more than half a dozen of sectors like e-commerce, mobile internet, big data, technology services and makers of software [...] Continue Reading »
The recent union budget had completely missed on addressing the issues of Special Economic Zones. This had been a matter of concern in this sector. A section of special economic zone promoters in Kerala were highly disappointed because the demand they had put forward of scrapping the minimum alternative tax or MAT had completely been [...] Continue Reading »
Consumers looking at taking the benefit of the government’s emphasis on the real estate sector, especially the housing sector, need to be aware of the tax implications. These tax implications are related to the sale-purchase of properties particularly when the sale-purchase agreements and their executions are spread over several days/months or even years. The citizens [...] Continue Reading »
The Rural Development Ministry has proposed a number of amendments in the Land acquisition act. If they are cleared then they could lead to large scale dilution of the new Land Acquisition Act. It is expected to make the process of acquiring land easier. Scrapping the “consent clause” for Public Private Partnership (PPP) projects and narrowing [...] Continue Reading »
The Union Government has asked the government of the newly-formed Telangana state to refrain from meddling with the design of the Hyderabad Metro Rail project. The Union Government’s advice to Telangana government comes against the backdrop of concerns raised by infrastructure firm L&T, which is executing the over Rs 16,000-crore project. In an announcement made [...] Continue Reading »
The government of Telengana is busy in giving the process of the new single window clearance industrial policy a final touch. The new facility will be inaugurated very soon, the chief minister Chandrasekhar Rao stated. The main agenda of the facility is zero corruption and the policy will be monitored by a special cell which [...] Continue Reading »
A book states, that the Chinese FDI coming into India, can touch the USD 30 billion by 2025. The book named “The Silk Road Discovered” states that it is very much possible that within 2025, the stock of Chinese FDI into India could be around USD 30 billion, and if clustered Chinese industries come to [...] Continue Reading »
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 »
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 »
