https://www.taxtmi.com/news?id=13168 To address manufacturing contraction the Budget 2014-15 proposes fiscal and policy measures including extension of a ten-year tax holiday for new power undertakings; facilitation of low-cost long-term foreign borrowings; promotion of foreign direct investment in selected sectors; permission for manufacturing units to sell via retail and e-commerce without extra approvals; creation of a National Industrial Corridor Authority to coordinate corridor development; an investment allowance for qualifying machinery investment; and rationalisation/reduction of excise and customs duties on specified industrial inputs and machinery. en-us Fri, 25 Jul 2014 18:09:24 +0530 Fri, 25 Jul 2014 18:09:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13168 To address manufacturing contraction the Budget 2014-15 proposes fiscal and policy measures including extension of a ten-year tax holiday for new power undertakings; facilitation of low-cost long-term foreign borrowings; promotion of foreign direct investment in selected sectors; permission for manufacturing units to sell via retail and e-commerce without extra approvals; creation of a National Industrial Corridor Authority to coordinate corridor development; an investment allowance for qualifying machinery investment; and rationalisation/reduction of excise and customs duties on specified industrial inputs and machinery. News - Fri, 25 Jul 2014 18:09:24 +0530 https://www.taxtmi.com/news?id=13168