GST reconsideration is the pressing need of the hour and that’s why perhaps the GST council may lower the tax rate levied on under-construction houses from 12 to 5 percent in its meeting next month, an official said.
IDFC Alternatives had initially started off with under-construction and minority deals in the infrastructure space by teaming up with engineering, construction and procurement (EPC) firms—a strategy it moved away from for its second fund owing to risks faced on account of being severely over-leveraged.
In comparison to the coal imports of the previous year, India has witnessed a surge in its imports from 142.25 million tonne (MT) to 156.08 MT in this fiscal year.
FAME II will have a major proportion being allocated for the development of electric vehicle charging infrastructure alongside local manufacturing of lithium-ion batteries, which form the core of electric vehicles.
Infrastructure projects have shown overruns of over Rs 3.39 lakh crore owing to delays and other reasons.
Gujarat government has resolved to water down the tight tariff regulations on coal-based power plants in line with the surge in tariffs the government has proposed.
India’s growth and GDP have taken a backseat amid the staggering manufacturing, mining and agricultural activities. The growth momentum has been slowed from 8.2 percent to 7.1 percent in the second quarter of 2018-19.
India’s mineral trade deficit is mounting.
GST implicated mineral mining rights. GST has covered Mineral Mining Rights to a sizeable proportion.
Odisha can transform into a $1 Trillion economy.