LOGISTICS
AIRLINES
Pvt aircraft import to be costlier
Import of aircraft, including helicopters, by the Government and scheduled airlines is, at present, exempt from all duties, and that position will continue. However, there is no reason to allow the exemption to other private importers. Hence, I ...
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BUDGET
Road construction sector welcomes the Budget
Chidambaram proposes to hike allocation for developing highways
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Airline sector awaits clarity on lease tax exemption
With Budget 2007-08 silent on whether the exemption on withholding tax on lease of aircraft and aircraft engines is to continue beyond March 31 this year, confusion prevails in the domestic aviation industry. "If the exemption is not available ...
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Paramount may benefit from ATF sops extension
Paramount Airways could be the only airline currently which might benefit from the Union Budget's proposal to include smaller aircraft for ATF sops. As per the new Budget proposal, ATF (aviation turbine fuel) concession has been extended to ...
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SHIPPING
Dredging up gains
Dredgers have been fully exempt from import duty. Dredging Corporation, which presently remains the single largest player, will be a key beneficiary apart from players such as Larsen & Toubro foraying into this ...
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SOFTWARE
Apollo LogiSolutions, Kale tie up
Apollo LogiSolutions, a subsidiary of Apollo International, is gearing up to automate its Container Freight Station Operations. The company has chosen Kale Consultants to develop a Web-enabled solution that would encompass ...
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E-COMMERCE & E-BUSINESS
Airlines' efforts to check online frauds
To scan purchases of e-tickets using international cards
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ROADWAYS
More funds for roadways in N-E region welcomed
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