According to a recent report by Central Electricity Authority (CEA), delays in sourcing components by Bharat Heavy Electricals Ltd for 765kV transformers and reactors is adversely affecting the progress of the Bhuj-II transmission project.
The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on e-commerce platform, of Income tax Act, 1961.