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Maha budget stresses urban dev, real estate, EV charging

Maha budget stresses urban dev, real estate, EV charging

“GST wil limprove efficiency in transportation and logistics related to construction materials,” says Sunil Sharma, VP-CRM & Marketing, Mahindra Lifespaces Developers

As the government rolled out the Goods & Services Tax (GST) on July 1, 2017, it is set to bring about fundamental shifts in taxation across sectors, including real estate and infrastructure.

Real estate industry awaits clarity on several aspects of GST

While the goods and services tax (GST) structure has been announced, the real estate industry is waiting with bated breath to see which tax rate is applied to the real estate and construction industry. Given the Finance Minister’s clarification that the highest tax slab will be applicable to ‘si..

Ready to mix?

The market for RMC and equipment is poised for a bright future given a more proactive approach from government, discovers SHRIYAL SETHUMADHAVAN. The advantages of ready-mix concrete (RMC) are now evident: consistent quality, faster construction with lesser manpower and good housekeeping at sites. Ho..

Union Budget a mixed blessing for cement sector

Union Budget 2011-12 has offered a mixed bag of proposals for cement manufacturers.

Cement to be expensive by Rs 10-12 a bag

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.

CFI seeks exemption of power infra projects from service tax, excise

The Construction Federation of India (CFI) in its representation to the union finance ministry for budget 2011-12 has sought a service tax exemption to infrastructure projects in the power sector.

The Wish List

As the process of formulating Budget 2011-12 began in right earnest, the Finance Ministry held Pre-Budget consultations with industry stalwarts and associations to get inputs and understand ground realities.

We will deliver 15 million sq ft over the next five years

Taking off as a finance and leasing company in 1990, SRS Group has come a long way. Known as BTL Investments Ltd and Bansla Finlease Ltd then, the company diversified its business and entered into the manufacture and marketing of edible oil and tea in 1997.

Post budget, cement set to firm up

With the announcement of increase in excise duty to 10 per cent in the budget, cement makers are expecting a further increase in prices.

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