IEEMA seeks extended tax holiday for power projects
The Indian Electrical and Electronics Manufacturers Association (IEEMA) demanded extension of tax exemption to all power projects in line with other infrastructure projects like roads, airports, ports, railways, a press note from the body said today.
"The electrical equipment manufacturing industry suffers a substantial cost disadvantage of 14 percent vis-a-vis imports due to the levy of several local taxes," IEEMA president Ramesh Chandak said.
He said the government should provide a level-playing field to domestic manufacturers as per the recommendations of the Arun Maira committee by levying customs duty at 10 percent and special additional duty (SAD) at 4 percent and waiving of the countervailing duty (CVD) on all categories of power projects.
more budget videos
Date 18-07-14 4:25
Tooltip Information:Arun Jaitley to present Delhi's budgetVideo by:Description: New Delhi, July 18 (ANI): Finance Minister Arun Jaitley will present the Delhi's budget in parliament on Friday as the city assembly has been kept under suspended animation and the President Rule is in force. Ahead of presentation of Delhi's budget by Jaitley, the city unit of BJP urged him to provide power subsidy to consumers. Delhi BJP President Satish Upadhyay urged Jaitley to grant Rs 800 crore as power subsidy saying people are burdened with very heavy electricity bills. The Sheila Dikshit government had provided subsidy of Rs 1 per unit for consumption between 0-200 units and 200-400 units for several years. In the union budget, Jaitley had allocated Rs 700 crore to Delhi to help overcome the problem of power transmission and water distribution system. Jaitley had proposed Rs 500 crore for reform in the water sector while Rs 200 crore has been set aside for reform in the power sector.Rating: 4Views: 15
Date 10-07-14 5:04
Tooltip Information:Politicos on Union Budget 2014-15Video by:Description: New Delhi, July 10 (ANI): Political leaders on Thursday reacted over Finance Minister Arun Jaitley's maiden Budget which he presented in the Lok Sabha. SP Chief Mulayam Singh Yadav slammed the budget saying that it is only for the rich not for the poor or unemployed. NCP, JD (U), CPI (M) and BSP too criticized the budget.Rating: 4Views: 8
Date 10-07-14 2:40
Tooltip Information:BJD hails Union Budget 2014-15Video by:Description: New Delhi, July 10 (ANI): The Biju Janata Dal on Thursday welcomed the Union Budget 2014- 15 presented by Finance Minister Arun Jaitley in the Lok Sabha. Talking to mediapersons in New Delhi, BJD leader Jay panda praised the budget and said that thrust has been given to infrastructure development.Rating: 4Views: 17
Date 10-07-14 4:36
Tooltip Information:Arvind Kejriwal slams Union Budget 2014-15Video by:Description: New Delhi, July 10 (ANI): Aam Aadmi Party Chief Arvind Kejriwal on Thursday criticized the Union Budget 2014- 15 presented by Finance Minister Arun Jaitley in the Lok Sabha. Talking to mediapersons, Kejriwal said that Prime Minister Narendra Modi did nothing to check inflation and rising prices.Rating: 4Views: 37
BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.
Date 23-02-14, Duration 1:43, Views 40999
Date 23-02-14 1:43
Tooltip Information:AAP's alliance with Cong. a suicide: BJPVideo by:Description: BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.Rating: 3.23Views: 40999
Date 26-04-14 4:34
Tooltip Information:Ramdev says Rahul goes to Dalit houses for picnics, Cong. reactsVideo by:Description: Yoga guru Baba Ramdev made a shocking statement on Friday that Congress vice President Rahul Gandhi goes to Dalit houses for picnics and honeymoon. Ramdev who is supporting the BJP in the Elections 2014 made the objectionable comments during a press conference in Lucknow. He attacked Rahul Gandhi's 'single' status saying that Rahul wanted to marry a foreigner but was stopped by his mother Congress Chief Sonia Gandhi. He further went on to say that Sonia Gandhi asked Rahul not to get married until he becomes the prime minister. Meanwhile, the Congress party has condemned the statement.Rating: 4.52Views: 8150
Date 11-04-14 3:09
Tooltip Information:CNN-IBN and Microsoft Analytics Center for LS 2014 ElectionVideo by:Description: Largest technology brand Microsoft has joined hands with India’s biggest media Channel CNN-IBN to set up an elections analytics center to help decode the Indian electionsRating: 4Views: 2614
Date 10-04-14 0:55
Tooltip Information:Microsoft and CNN-IBN Join Hands to Analysis the LS 2014 Polls TrendsVideo by:Description: World's largest technology brand Microsoft has joined hands with India’s biggest media Channel CNN-IBN to analyse the Lok Sabha elections 2014 trends.Rating: 4Views: 2207
Date 40 mins ago
Tooltip Information:Narendra Modi's couture basks in all glories of Indian fashion designersVideo by:Description: New Delhi, July 23 (ANI): After making a style statement at the BRICS summit in Brazil with his sartorial taste, Prime Minister Narendra Modi topped the wish list of fashion designers who would like to dress him up for his high profile visit to the United States where he is due to hold a dialogue with President Obama. Top designers and stylists have hailed the way Modi turns out and his sense of style. Ace fashion designer, Leena Singh, said that she just loves his style because he truly projects the image of our nation. She added he comes across as a man with plenty of dynamism and capability to take the country forward. Another top designer of India, Ashima Singh, said she thinks his style is very original and fresh, because it is just like his style of governing, which is innovative and at the same time, very practical.Rating: 4Views: 0
Date 3 hrs ago 2:14
Tooltip Information:Fishermen in Kerala demand separate ministry to redress their issuesVideo by:Description: A fishermen forum from Kerala conducted a signature campaign demanding Narendra Modi-led government for a separate ministry to monitor issues related to fisherfolk. BJP leader O Rajagopal kick-started the campaign, urging central government to take back permits to foreign vessels to fish in Indian seas as it would affect country's fishermen. President of National Fishworkers' Forum in Thiruvananthapuram, T Peter, said they would hold a national level meeting to create an action plan against the Modi government, if their demands were not met. Meanwhile, Peter said Modi's Bharatiya Janata Party did not fulfill its promises made in the manifesto of creating a separate ministry.Rating: 4Views: 2