亚博体育官网首页

Railways Seeks GST Solution for DFC Payouts
RAILWAYS & METRO RAIL

Railways Seeks GST Solution for DFC Payouts

Indian Railways is actively searching for alternatives to circumvent the impending Goods and Services Tax (GST) on payments related to the Dedicated Freight Corridor (DFC) project.

This move comes as the government plans to impose GST on various services rendered by the Railways, including those connected to the DFC.

The DFC is a significant infrastructure initiative aimed at enhancing freight transportation efficiency in the country.

Railway authorities are concerned that the introduction of GST on these payments may lead to increased project costs and potentially hinder the progress of the DFC.

To counteract this potential setback, the Railways is engaging in discussions and negotiations with the government to find a workable solution.

Indian Railways is actively searching for alternatives to circumvent the impending Goods and Services Tax (GST) on payments related to the Dedicated Freight Corridor (DFC) project. This move comes as the government plans to impose GST on various services rendered by the Railways, including those connected to the DFC. The DFC is a significant infrastructure initiative aimed at enhancing freight transportation efficiency in the country. Railway authorities are concerned that the introduction of GST on these payments may lead to increased project costs and potentially hinder the progress of the DFC. To counteract this potential setback, the Railways is engaging in discussions and negotiations with the government to find a workable solution.

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood鈥攚ithout the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. 鈥淎ny application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India鈥檚 first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel鈥攁ll operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Next Story
Infrastructure Urban

Postal Dept Unveils Stamp Honouring 125 Years of Kodaikanal Observatory

The Department of Posts is proud to release a commemorative postage stamp celebrating 125 years of the Kodaikanal Solar Observatory (KSO). Recognising the legacy of the KSO through this special stamp is a fitting tribute to one of India鈥檚 most significant scientific institutions and highlights the nation鈥檚 long-standing contribution to global science.The Commemorative stamp was released by S Rajendra Kumar, Chief Postmaster General, Karnataka Circle in the gracious presence of A S Kiran Kumar, Chairperson, Governing Council, IIA and Former Chairman, ISRO and other esteemed guests at Indian..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement