The Cabinet approved buyback mechanism for public sector undertakings. Now, PSUs like any private company can buy back its shares. This new mechanism aims to help the Government in disinvestment programme.
Amidst intense pressure, the Cabinet has withdrawn a proposal for duty imposition on power generation equipment. The proposal was to impose 19 per cent duty on power generation equipment for projects with capacity of 1,000 MW and above.
Amidst intense pressure, the Cabinet has withdrawn a proposal for duty imposition on power generation equipment. The proposal was to impose 19 per cent duty on power generation equipment for projects with capacity of 1,000 MW and above.
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