https://www.taxtmi.com/news?id=22632 The Major Port Authorities Bill establishes a modernized governance regime vesting administration and management in Boards of Major Port Authorities, reduces legislative overlap, and recasts Board composition into a smaller professional body. It grants port authorities powers to set reference tariffs and Board authority to fix scales of rates while redefining the Tariff Authority's role; enables PPP operators to set market-based tariffs; proposes an Adjudicatory Board for port-concessionaire disputes and stressed project review; delegates contracting, planning and development powers to Boards; secures master plan autonomy for port land; and introduces CSR and employee service safeguards. en-us Thu, 12 Mar 2020 18:51:01 +0530 Thu, 12 Mar 2020 18:51:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22632 The Major Port Authorities Bill establishes a modernized governance regime vesting administration and management in Boards of Major Port Authorities, reduces legislative overlap, and recasts Board composition into a smaller professional body. It grants port authorities powers to set reference tariffs and Board authority to fix scales of rates while redefining the Tariff Authority's role; enables PPP operators to set market-based tariffs; proposes an Adjudicatory Board for port-concessionaire disputes and stressed project review; delegates contracting, planning and development powers to Boards; secures master plan autonomy for port land; and introduces CSR and employee service safeguards. News - Thu, 12 Mar 2020 18:51:01 +0530 https://www.taxtmi.com/news?id=22632