Anil V. Pillai, Director - Terragni Consulting

ON MANUFACTURING SECTOR

• Significant budget impetus to the Skill India program.
• Rationalization of power tariff structures for manufacturing industry.
• Impetus for Mudra for SME and MSME working capital requirements
• Labour reform timelines.
• GST timelines to be announced or else in its absence centrally levied taxes to be rationalized. Higher fiscal encouragement for technology absorption, innovation and industry-academia research projects.

Residential Society Services Exempt from Commercial Tariff

Court rules common services in housing societies not subject to commercial power tariff.

Builders & RWAs Liable for Overcharging Power Tariffs: GST Implications

GST implications for builders & RWAs overcharging power tariffs

ICRA forecasts a growth of 5-5.5% in the total power demand for FY24

Is lower than the demand growth of 9.6% in the previous fiscal