infrastructure bonds

India cuts tax on overseas borrowings (Lead)


September 21st, 2012 - 8:34 pm ICT by IANS
New Delhi, Sep 21 (IANS) In yet another move to draw in international capital, the Indian government Friday reduced tax on overseas borrowings by domestic companies to five percent from ... Read more...

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India lowers taxes on overseas borrowings


September 21st, 2012 - 3:48 pm ICT by IANS
New Delhi, Sep 21 (IANS) The government Friday reduced tax on overseas borrowings by domestic companies to five percent from 20 percent so that local companies could easily raise funds ... Read more...

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New tax saving scheme for equity investment, STT cut proposed


March 16th, 2012 - 5:31 pm ICT by IANS
New Delhi, March 16 (IANS) To encourage retail investors to participate more in the capital market, Finance Minister Pranab Mukherjee Friday proposed a new tax exemption scheme -- Rajiv ... Read more...

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Banks pitch for tax free infra bonds


January 19th, 2012 - 8:31 pm ICT by IANS
New Delhi, Jan 19 (IANS) Commercial banks should be made eligible to issue tax free infrastructure bonds, top executives urged Finance Minister Pranab Mukherjee Thursday, saying this would help ... Read more...

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Srei aims to broadbase borrowing options


January 7th, 2012 - 10:39 pm ICT by IANS
Kolkata, Jan 7 (IANS) Kolkata-based Srei Infrastructure Finance (SIFL), one of the leading non-banking financial institutions (NBFC) of the country, is aiming to broadbase its borrowing options and may come ... Read more...

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Low loan offtake affecting infrastructure, says IDFC


November 23rd, 2011 - 9:08 pm ICT by IANS
Chennai, Nov 23 (IANS) The general economic slowdown is affecting infrastructure projects with loan offtake by borrowers coming down, an official of the Infrastructure Development Finance Company Ltd (IDFC) said ... Read more...

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India to raise $1.9 bn debt for building highways


November 23rd, 2011 - 7:39 pm ICT by IANS
Bangalore, Nov 23 (IANS) India will soon raise Rs.10,000 crore ($1.9 billion) through a public debt issue for funding its ambitious national highways project, union Road Transport and Highways ... Read more...

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Airports Authority wants to raise Rs.5,000 crore


September 19th, 2011 - 6:55 pm ICT by IANS
New Delhi, Sep 19 (IANS) State-run Airports Authority of India (AAI) Monday said it will again seek the government's clearance for its proposal to issue Rs.5,000 crore worth of infrastructure ... Read more...

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Overcome hurdles to up investment in infrastructure: FICCI


September 11th, 2011 - 3:18 pm ICT by IANS
New Delhi, Sep 11 (IANS) There is a need to create a pipeline of projects for tenders, overcome hurdles of financial closure and ensure a standardised bidding process to boost ... Read more...

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Srei’s 2010-11 net profit up by 15 percent


May 19th, 2011 - 7:50 pm ICT by IANS
Kolkata, May 19 (IANS) Kolkata-based Srei Infrastructure Finance Limited Thursday announced that it posted a profit after tax (PAT) of Rs.179 crore during the last fiscal compared to Rs.156 crore ... Read more...

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India budget will spur investment: US chamber


March 1st, 2011 - 11:45 am ICT by IANS
By Arun Kumar Washington, March 1 (IANS) A leading US trade association has praised India's budget, saying it sets forth clear parameters that will spur and sustain greater investment in the country's ... Read more...

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Pranab Mukherjee to present Union Budget in Parliament


February 28th, 2011 - 11:26 am ICT by ANI
New Delhi, Feb.28 (ANI): Finance Minister Pranab Mukherjee will present the Union Budget 2011-12 proposals in Parliament today.According to informed sources, Mukherjee is expected to lighten the tax burden due to ... Read more...

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JD -U wants agriculture, farmer-friendly Union Budget


February 27th, 2011 - 9:07 pm ICT by ANI
Kolkata, Feb 27 (ANI): Ahead of the presentation of the Union Budget 2011-12, Janata Dal-United (JD -U) chief Sharad Yadav on Sunday said his party wanted an agriculture and farmer-friendly budget. ... Read more...

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Mukherjee to present Budget 2011 with focus on infrastructure, tax liability


February 27th, 2011 - 5:57 pm ICT by ANI
New Delhi, Feb.27 (ANI): Finance Minister Pranab Mukherjee will present the Union Budget 2011-12 proposals in Parliament on Monday, and it is anticipated that its focus will be on infrastructure and ... Read more...

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IDFC targets trebling loans in 5 years


November 14th, 2010 - 8:40 pm ICT by IANS
New Delhi, Nov 14 (IANS) The Infrastructure Development Finance Company (IDFC) aims to treble its loans and growth within five years, its managing director and CEO Rajiv Lall said Sunday."We ... Read more...

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Government to issue infrastructure bonds with tax benefits


July 9th, 2010 - 9:47 pm ICT by IANS
New Delhi, July 9 (IANS) The government Friday said it will issue infrastructure bonds with tax breaks to promote investments in the infrastructure sector. A finance ministry statement said infrastructure finance companies ... Read more...

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Private players can also issue infrastructure bonds: Mukherjee


March 23rd, 2010 - 6:15 pm ICT by IANS
New Delhi, March 23 (IANS) With the funds needed for India's infrastructure development pegged at $1 trillion during the 12th Five Year Plan (2012-17), Finance Minister Pranab Mukherjee Tuesday said private ... Read more...

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Budget of fiscal prudence and inflationary push (Comment)


February 26th, 2010 - 8:39 pm ICT by IANS
By Sushma Ramachandran A budget of fiscal prudence, but with underlying inflationary potential. This sums up Finance Minister Pranab Mukherjee's federal budget for 2010-11 presented in the Lok Sabha Friday -- the ... Read more...

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2010 Budget highlights


February 26th, 2010 - 3:48 pm ICT by IANS
New Delhi, Feb 26 (IANS) Highlights of 2010-11 budget presented by Finance Minister Pranab Mukherjee in parliament Friday: -- Petrol and diesel prices to go up as basic duty of 5 percent ... Read more...

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Relief for many as personal income tax slabs raised (Lead)


February 26th, 2010 - 3:26 pm ICT by IANS
New Delhi, Feb 26 (IANS) Finance Minister Pranab Mukherjee Friday gave relief to individual tax payers by raising personal tax slabs while introducing a simpler format of filing tax returns from ... Read more...

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Personal income tax slabs raised, relief for many


February 26th, 2010 - 2:55 pm ICT by IANS
New Delhi, Feb 26 (IANS) Finance Minister Pranab Mukherjee Friday gave relief to individual tax payers by raising personal tax slabs while introducing a simpler format of filing tax returns from ... Read more...

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Mukherjee announces increase in tax slab


February 26th, 2010 - 2:53 pm ICT by ANI
New Delhi, Feb 26 (ANI): Union Finance Minister Pranab Mukherjee on Friday announced the increase in tax slabs, and said tax on income up to Rs 1.6 lakh would be nil.Delivering ... Read more...

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Infrastructure bonds option for ordinary NRIs: Ravi


January 8th, 2010 - 10:02 pm ICT by IANS
New Delhi, Jan 8 (IANS) A new proposal to issue infrastructure bonds to overseas Indians will give a fresh investment option to ordinary Indian investors abroad, Minister for Overseas Indian Affairs ... Read more...

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Invest in roads, Kamal Nath urges overseas Indians


January 8th, 2010 - 3:52 pm ICT by IANS
New Delhi, Jan 8 (IANS) Stating that wealth does not create roads but roads create wealth, Minister for Road Transport and Highways Kamal Nath Friday urged overseas Indians to invest in ... Read more...

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Tax reliefs sought for infrastructure projects


June 24th, 2009 - 8:06 pm ICT by IANS
New Delhi, June 24(IANS) The Associated Chambers of Commerce and Industry of India (Assocham) Wednesday urged the government to exempt infrastructure projects from excise, value-added tax (VAT) and central sales tax (CST) ... Read more...

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Pre-budget recommendations call for capacity creation in knowledge, infrastructure, technology


June 1st, 2009 - 7:09 pm ICT by ANI
New Delhi, June 1 (ANI): CII's Pre-Budget Memorandum, presented to the Ministry of Finance, recommended that Budget 2009-10 should be an 'Investment Budget' to enable India to deal with the global economic ... Read more...

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‘Permit banks to float infrastructure bonds’


February 24th, 2008 - 4:55 pm ICT by admin
By Quaid Najmi Mumbai, Feb 24 (IANS) With infrastructure development gaining momentum in the country, Indian banks should be permitted to float infrastructure bonds with special tax treaty, according to P.L. Ahuja, managing ... Read more...

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