Budget might turn out to be neutral for the sector.
According to sources, both the departments have already laid their claim on the proceeds from the sale of the property
If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.
So vaccinate employees and families, staff at home, rickshaw drivers, milkmen, service providers, shopkeepers and street vendors, says Naushad Forbes.
Deviya Rane said it is historic that no legislator (in Goa) has won consecutively so many times from the same seat.
This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits
The tax department was given the land at Mumbai's posh location, measuring 2,786 square metre, with a minimum capacity of 100,000 sq ft, in 1992. Instead of constructing an office building, the department recently took a few floors on rent at the nearby Air India building.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answers your questions on NRI investment.
Govt should take steps to monetise real estate investment schemes.
Last year, his family forced Kishore Singh not to write anything about them...
SMC will work with Microsoft and its partners to bring solutions for water management and urban planning
Realtors' body CREDAI on Monday said the cost of construction has gone up by 20-25 per cent, mainly during the last 45 days, due to steep rise in prices of raw materials like steel, and builders will be forced to increase property prices from next month by an average 10-15 per cent. CREDAI-MCHI, the Maharashtra chapter of CREDAI, demanded that the central as well as state governments consider giving relief to the industry by reducing stamp duty and GST rates, besides allowing input tax credit (ITC) to developers. The association said it would not advise member developers to stop construction works as of now, but if the price rise continues then builders would have no option but to halt works at project sites and defer purchase of raw materials.
The average home prices in Mumbai have touched Rs 12,000 per sq ft
Those spending over Rs 2 lakh on foreign travel, incurring more than Rs 1 lakh electricity bills, or depositing over Rs 1 crore in current account will have to mandatorily file ITR even if their total income is below the taxable limit. The last date for filing has been extended to Nov 30 from Jul 31.
'Laws have been used in a way to serve the needs of the current regime and its authoritarian ideology.'
German tennis great Boris Becker was jailed by a London court on Friday for hiding hundreds of thousands of pounds of assets after he was declared bankrupt.
Indians are the biggest non-Arab investors in Dubai's real estate market.
Special Judge Arvind Kumar also directed him not to tamper with the evidence or influence witnesses and join the investigation as and when called by the investigating officer.
After Maharashtra, analysts expect more states like Karnataka and Haryana to slash stamp duty rates. However, analysts, do caution that it's still a long road to recovery for the realty sector.
PMO asked income-tax department to submit report on action taken against identified benami owners
Officials said the agency has sought property details on ten serving and retired officials of the ministry of defence and the IAF.
The startling report comes at a time when many analysts are concerned over almost all the key indicators heading south or even contracting, forcing the government to offer massive tax giveaways.
It will bring down the cost of a second house because of tax benefits and price appreciation
Speculation is rife that the Centre can take draconian steps such as mandatory e-passbooks for all real estate holdings and compulsory checking of every single safe deposit vault.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Provisions of long-term capitals gains tax is now applicable after only two years.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
There have been two changes announced so far as MF taxation is concerned.
In the Budget, the government has banned cash transactions above Rs 300,000. This means that people will have to pay stamp duty and registration charges on the actual cost of transaction.
Here are some of the common mistakes that most home buyers make when it comes to home loans and how to avoid them.
Vadra's interim protection from arrest was extended till April 1.
This is because no prosecution complaint has been filed in any of these cases under the Black Money Act.
The Shahbaz Sharif family (his two wives and their children) invested PkRs 277 crore in 13 companies without having known sources of income.
Intimate getaways offered in the form of homestays by hotels are proving to be the flavour of this extraordinary and difficult time. Not far from cities, they offer a pleasant respite from homebound lives, says Pavan Lall.
'Every person is presumed innocent unless proved guilty in a court of law,' the statement said.
Income from renting of properties is taxed at a flat rate of 10%.
The development followed the arrest of chartered accountant Rajesh Kumar Agrawal by the ED.
Retired English football star David Beckham is considering a proposal to build a sports high school at a new football stadium in Miami as part of his quest to bring a Major League football team to the city.
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