The rejig of excise duty on cement in the Union Budget 2011-12 may spike retail prices by Rs 10-12 a bag and add to the cost of construction.
Union Budget 2011-12 has offered a mixed bag of proposals for cement manufacturers.
Suddenly and silently, the price of construction has gone up dramatically in India. Construction World speaks to contractors, developers and building material majors to find out why and assess the implications for the industry and end-users.
Union Budget 2011-12 has extended the tax holiday for power sector projects including Ultra Mega Power Projects, which take off this fiscal.