Thursday, January 15, 2009

DUTIES AND INFRA- STRUCTURE


  • Accelerated depreciation of 50 percent to be provided for commercial vehicles to be purchased on or after Jan. 1, 2009 up to March 31, 2009
  • India Infrastructure Finance Company (IIFCL) is being enabled to access in tranches an additional 300 billion rupees by way of tax free bonds once funds raised in the current year are effectively utilized.

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