« Top Headlines » Open DEMAT Account in 24 hrs  Tax planning for 2025: How to maximise your savings before March 31 deadline  New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha  5 major changes in the last 6 months every taxpayer should know!  Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch  Top 10 income tax changes from 2024 to look out for while filing ITR in 2025 «  Moscow court targets Russneft oil tycoon over tax claim... Govt discussing with legal community to allow foreign firms... » FinMin appoints transaction advisors for PPP projects August, 29th 2007 The Finance Ministry has selected 11 'transaction advisors' such as PricewaterhouseCoopers and Ernst & Young for assistance in undertaking infrastructure projects through public-private partnership route. The panel, finalised through an international competitive bidding process last week, would work out technical and economic specifications of an infrastructure project before handing them over to private firms for development. These advisors will assist the Centre and the states for setting up Public-Private-Partnership (PPP) projects, official sources said. Among others, the Ministry selected Abacus Legal Group, Crisil Infrastructure Advisory, Deloitte Touche Tohamatsu, Ernst & Young, Feedback Ventures and Grant Thornton of UK. The panel also includes PricewaterhouseCoopers, RITES, International Finance Corporation, Infrastructure Development Finance Company and Infrastructure Leasing & Financial Services (IL&FS), the sources said. They said Finance Ministry is concerned that PPP projects have not taken off so far, although the government expects a major portion of targeted around 450 billion dollar investment in core sector through this route. State governments have also been demanding that there should be a pool of experts that could assist them to firm up all aspects of the project before offering to the private players for development. The appointment of advisors is expected to give a fillip to infrastructure projects, especially in the road, ports, airports and metro train service, in which private sector has shown keen interest, the sources said.