SIGN IN SUBSCRIBE

News Update

Requisite Checks for Appeals - RespondentInheritance Tax row - A golden opportunity to end 32-years long Policy Paralysis on DTCThe Heat is on: Preserving Earth's Climate in the Face of Global WarmingVAT - Timeline for frefund must be followed mandatorily while recovering dues under Delhi VAT Act: SCIndia, Australia to work closely for collaborative projectsCX - All the information was available to department in 2003 itself, therefore, SCN issued four years after gathering information is not sustainable and is highly barred by limitation: HCPowerful voices of amazing women leaders resonated at UN HqsCX - Clearance to sister concern for captive consumption - Department cannot compel assessee to perpetuate the illegality and in such circumstances the whole exercise was revenue neutral: HC75 International visitors from 23 countries arrive to watch world's largest elections unfoldCentre asks States to improve organ donation frequencyCus - Revenue involved in the appeal filed by Commissioner is far below the threshold monetary limit fixed by the CBEC, therefore, department cannot proceed with this appeal - Appeal stands disposed of: HCPM says NO to religion-based reservationCus - Export of non-basmati rice - Since the objective of Central Government in imposing ban with immediate effect was to avert a food crisis in the country, a strict compliance of exemption conditions would further the said intent of the Notification(s): HCAdani Port to develop port in PhilippinesCX - Appellant should not be left without an opportunity to put-forth his case on merits, particularly, when matter was decided during period of Covid-19 pandemic and also appellant contends that no opportunity of virtual hearing was granted by adjudicating authority: HCKiller floods - 228 killed in Kenya + 78 in BrazilI-T - Grant of registration u/s 12A can't be denied by invoking Sec 13(1)(b), as provisions of section 13 would be attracted only at time of assessment and not at time of grant of registration: ITATFlight cancellation case: Qantas accepts USD 66 mn penaltyI-T- Joint ownership in two residential properties at the time of sale of the original asset does not disentitle the assessee to claim of deduction under section 54F of the Act: ITATIsrael shuts down Al Jazeera; seizes broadcast equipmentI-T - If assessee was prevented from production of evidences because of its non-availability or delay in its retrieval coupled with ongoing several reassessment, assessee should be allowed to adduce additional evidence: ITATIndia to wait for Canadian Police inputs on arrest of men accused of killing Sikh separatist: JaishankarI-T- If assessee is otherwise found eligible, CIT(E) should grant provisional approval to assessee under Clause (iii) to First Proviso to section 80G(5): ITATLabour Party candidate Sadiq Khan wins record third term as London MayorI-T - Donation made to trust which is otherwise not approved during relevant period as per CBDT Circular, is not eligible for deduction u/s 35(1): ITATGovt scraps ban on export of onionI-T- Assessee could have filed application in Form No.10AB on or before 30.09.2022, which assessee failed to do : ITATUS Nurse convicted of killing 17 patients - 700 yrs of jail-term awardedI-T- AO erred in making addition for completed/non abated assessment as no incriminating material found during course of search :ITAT
 
Govt focuses on building a safe and environmentally sound Road Network

By TIOL News Service

NEW DELHI, DEC 25, 2015: THE year 2015 has seen strengthening of the resolve of the Ministry of Road Transport and Highways to create and maintain a countrywide network of road infrastructure that is mechanically strong, designed to ensure safety for commuters and is compatible with the requirements of efficient and sustainable development. The period has seen a lot of intense and focussed activity in the sector with the Ministry having taken several initiatives towards fulfilment of its larger objectives.

India has about 52.32 lakh km of road network, which is the second largest in the world. The length of various categories of roads is as under:-

National Highways 1,00,475 km

State Highways 1,48,256 km

Other Roads 49,83,579 km

During the current FY till 30.11.2015, 5331 Kms length of National Highways have been awarded while 3480 Kms have been constructed.

The Government has approved a scheme for development of about 1,177km of NHs and 4,276km of State Roads in Left Wing Extremism (LWE) affected areas as a Special Project with an estimated cost of about Rs. 7,300 Crore.

Development of Vijayawada Ranchi route

Out of 1,622 km long LWE affected Vijayawada - Ranchi route, development of 600 km (net length 594 km) of State Roads in Odisha (548 km Newly declared NH and 46 km SH), not covered in any Central or State Scheme has been approved by the Government at a cost of Rs 1,200 crore on 4 th November, 2010.

So far, the detailed estimates for all the 9 packages in an aggregate length of 594 km have been sanctioned at an estimated cost of Rs. 1,333 crore and works were awarded. Out of these, 2 Nos works covering 157 km length were terminated and they have been re-awarded.

Ministry's initiatives to leverage more resources through Private Sector Investment for development of non-NHDP NHs

About 17 projects of about 1,950 km length were identified as non-NHDP NH Sections for taking up on BOT(Toll) basis through private sector participation. However, 13 projects for about 1395 km length have been awarded under BOT (Toll) basis and a length of 846 has already been completed. The remaining stretches which could not be awarded under BOT (Toll) basis, are being awarded under EPC Mode under NH (O).

For BOT (Toll) projects, the cost for preconstruction activities are to be met from the available allocations under NH(O). The Viability Gap Funding (VGF) upto 20% of the Total Project Cost (TPC) for these projects are proposed to be met from the support from the Ministry of Finance under its VGF Scheme; the balance VGF upto 20% is to be met from available allocations of the Ministry under NH (O). Taking up of these projects on BOT (Toll) would ensure their proper long term operation and maintenance.

New Initiatives

1. Bharat Mala - 5500 km - to develop roads along the international borders and coastal areas

2. Special Scheme - 6000 km - roads facilitating connectivity to religious /tourist places and providing connectivity to backward regions

3. District Connectivity - development of National Highways providing connectivity to district headquarters

4. Setu Bharatam - All the level crossings and narrow/weak bridges to be replaced by Railway Over / Under Bridges and new constructions

Targets for 2015-16

During this year 2015-16, the Ministry has target to award 10,000Km of National Highways, which is 25% more than the stretches awarded during last year. Similarly, Ministry has target to complete work in 6300 km of stretches, which is around 45% more the km completed during the last year.

PPPs showing signs of recovery

PPPs are also showing signs of recovery. In 2015 -16, 7 PPP projects with aggregate length of 874 Kms and cost of Rs 11,927 Cr. have been awarded so far.

 

POST YOUR COMMENTS
   

TIOL Tube Latest

TIOL Tube
Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.

TOP NEWS

AR not Afar by SK Rahman

VISION 360



Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

TII LATEST

TIOLCORPLAWS LATEST