2008-09-23
The policies of urban development and housing in India have come a long way since 1950s. The pressure of urban population and lack of housing and basic services were very much evident in the early 1950s. In some cities this was compounded by migration of people from Pakistan. However, the general perception of the policy makers was that India is pre-dominantly an agricultural and rural economy and that there are potent dangers of over urbanisation which will lead to the drain of resources from the countryside to feed the cities. The positive aspects of cities as engines of economic growth in the context of national economic policies were not much appreciated and, therefore, the problems of urban areas were treated more as welfare problems and sectors of residual investment rather than as issues of national economic importance.
MORE2008-09-23
Over a period of time the Tax and the Regulatory Environment in the Real Estate Sector have assumed much importance for businesses in India. The Construction Industry is already subject to a number of taxes and is considered as one of the overburdened tax segments. Companies involved in this segment are of the general opinion that there should not be any further imposition of any levy in any form in this particular sector of the economy. Any further tax burden on this sector would affect the orderly growth and development of the Real Estate Sector.
MORE2008-09-23
Discussions on tax and stamp duties in the real estate sector in India.
MORE2008-09-23
A snapshot of various central laws governing the real estate sector in India is discussed here.
MORE2010-06-24
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 95 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central Government, hereby makes the following Order
MORE2010-06-24
Approvals required from the time one buys a land – city limits or outside: Agricultural or Non-Agricultural land
MORE2010-06-24
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 95 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central Government, hereby makes the following Order
MORE2010-06-24
In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the taxable service of construction of complex referred to in sub-clause (zzzh) of clause (105) of section 65 of the Finance Act, when provided to Jawaharlal Nehru National Urban Renewal Mission and Rajiv Awaas Yojana, from the whole of the service tax leviable thereon under section 66 of the Finance Act
MORE2010-06-25
The Central Government has notified July 1, 2010 as the date on which the provisions of Finance Act, 2010 relating to introduction of new taxable services as also amendments to existing taxable services would come into force.
MORE2015-05-23
<p>UPDATE BY TAX KNOWLEDGE PARTNER OF CREDAI NCR ON RECENT VERDICT BY PUNJAB AND HARYANA HIGH COURT IN RELATION TO VAT</p>
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