Increase in amount transferred to special reserves for capacity expansion.
Shipping companies out of MAT purview.
Corporatisation of major ports. |
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The government has allocated Rs 110 bn towards renovation/modernisation of airports and ports.
Dividend tax removed at the hand of the shareholders. |
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Concessional regime under Section 33AC to be withdrawn and companies to be granted option to pay tonnage tax or normal corporate tax on profits.
Setting up of an International Container Trans-shipment project at Kochi.
Service tax has been raised from 8 per cent to 10 per cent. Further, a surcharge of 2 per cent on account of education cess will be imposed on this tax. |