Latest Answer: According to me, the decision to amend the Income Tax Act on non-applicability of MAT was a welcome step as it would remove uncertainty and encourage foreign investments into the country.
Latest Answer: Hey Guys,
As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
Latest Answer: Like someone mentioned having a reliable real estate company and being certain about the area where you want to invest, is essential. Firstly there are many rules and a lot of paperwork involved, plus getting the right funding can be very strenuous. Companies like Mahindra life spaces provide expert help to their NRI clients, so that is one way to go about it. Find a company that shares half the trouble and delivers on their promise.
Latest Answer: One, the foreign investor can exit on completion of a project or after developing main infrastructure like roads, water supply, street lighting, drainage and sewerage. Secondly, foreign investors have also been allowed to back to their own country before or after completion of the project subject to clearance by foreign investment promotion board on a case to case basis.
Latest Answer: Hi Lekshmi,
Saudi businessmen have a good opportunity to invest in India's vital infrastructure sectors including oil, gas and petrochemicals under the new government's 'Make In India' initiative. The campaign launched by Prime Minister Narendra Modi in September aims at eliminating unnecessary laws and regulations, making bureaucratic procedures easier and shorter thus leading to a transparent, responsive and accountable government.
Q:Large FDI providers in real estate have approached the finance ministry seeking tax break to the current framework for Indian real estate investment trusts (REITs).