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High tax on luxury cars restricting market: JLR India

Sunday, July 21, 2019, 12:03 PM

Jaguar Land Rover (JLR) can assemble more models in India if the taxation structure is "reasonable" and allows for a viable business case, a top company official said. The company said lowering of GST from the current 28 percent to 18 percent would help the industry recover from the slowdown and in turn spur employment generation.
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345 infra projects show cost overruns of Rs 3.28 lakh crore

Sunday, July 21, 2019, 11:58 AM

As many as 345 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.28 lakh crore owing to delays and other reasons, a report said. According to the report, the expenditure incurred on these projects till April 2019 is Rs 8,84,906.88 crore, which is 40.94 percent of the anticipated cost of the projects.
 
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Eyes On State Polls, Mamata Banerjee To Kick Off Mega Kolkata Rally Today

Sunday, July 21, 2019, 11:51 AM

The Trinamool Congress is all set to hold an annual show of strength today with a mega Martyrs' Day rally in Kolkata where Chief Minister Mamata Banerjee is expected to kick off poll campaign for the state elections likely to be held in 2021. Lakhs of people from across the state participate in the rally every year.

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