state government is planning to impose a special cess of Rs 1,000 on thelorries carrying minerals in the Obulapuram- Krishnapatnam road to the stretchof 250 kms.Roads and buildings minister G Aruna Kumari said at apress conference that the roads were getting damaged due to the excess loadcarried by lorries transporting iron ore. "About 3,000 trucks carry ore fromObulapuram in Anantapur district to...
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current cess imposed on petrol and diesel to finance road projects is likely to stay at least for the next two decades. At least that is the recommendation of the special committee formed by Prime Minister Manmohan Singh to look into the problems of the Road Transport and Highways Ministry that had impeded the construction of national highways during the past five years in particular.Set up under the...
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Taking a cue from Karnataka, the State government has decided to collect cess on the trucks carrying iron ore from Obulapuram iron ore mines in Anantapur district to Krishnapatnam port in Nellore district — a distance of 250 km.Roads & Buildings Minister Galla Aruna told reporters here on Saturday that the cess might be fixed around Rs. 1,000 per truck.At present, massive loads of iron ore are transported...
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The government should subsume all Central and state level indirect taxes into proposed Goods and Services Tax (GST), industry chamber CII has said.The chamber favours consolidation of all indirect taxes levied by states on goods and services such as VAT, purchase tax, cess and surcharge, luxury tax as well as octroi/entry tax collected by municipalities, barring property tax, CII Task Force Chairman...
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government has assured the National Highways Authority of India thatthe cess on diesel and petrol will continue for 20 years, ensuring that adequatefunds are available for highways development.The government willalso help the highways developer negotiate loans from international financialinstitutions such as World Bank, Asian Development Bank (ADB) and Japan Bank forInternational Co-operation (JBIC).“The...
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Labour Department is considering imposing one or two per cent cess on hotels so as to ensure that social security benefits are provided to hotel/restaurant workers in the unorganised sector.Labour Minister B.N. Bache Gowda on Wednesday chaired a meeting of the State Board constituted to provide benefits to unorganised workers, who constitute 92 per cent in the State.He said the department had levied...
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should subsume allCentral and state level indirect taxes into proposed Goods andServices Tax (GST), industry chamber CII has said.The chamber favours consolidation of all indirect taxeslevied by states on goods and services such as VAT, purchasetax, cess and surcharge, luxury tax as well as octroi/entrytax collected by municipalities, barring property tax, CIITask Force Chairman Sunil Munjal said in...
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NEW DELHI: The government has assured the National Highways Authority of India that the cess on diesel and petrol will continue for 20 years, ensuring that adequate funds are available for highways development. The government will also help the highways developer negotiate loans from international financial institutions such as World Bank, Asian Development Bank (ADB) and Japan Bank for International...
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formulating a new set of guidelines and rules to put the country’s highway development on the speedway.The cabinet committee on infrastructure, headed by Prime Minister Manmohan Singh, has given ‘in-principle’ approval to a host of measures, including empowering the National Highways Authority of India (NHAI) to raise funds directly from the public and institutions by floating tax-free bonds.The government...
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NEW DELHI: The government may end the practice of using cess as means of raising funds for specific purposes as it reforms the country’s indirect tax structure through a comprehensive goods and services tax (GST), a finance ministry official said. The move is aimed at making the proposed GST, a tax on consumption of goods and services, simple to administer and fair to the states. The legislative architecture...
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