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In drop-down of wealth, India has one of the worst records. As per the records of last year for every one billionaire in India, there were just 26 ultra high net-worth individuals (UHNIs) whose net assets are over $30 million without their primary residence. For every billionaire in Japan there were 609 UHNIs. In Brazil [...] Continue Reading »
Effortless availability of affordable houses makes Raj Nagar Extension (RNE) is a one stop destination for a big band of middle class and users. Among others, the consumers have a lot of options like construction linked plan, ready to move plan. Real estate projects took off close to four-five years ago here and this flourishing [...] Continue Reading »
Housing finance was viewed by banks as one of the safest avenues for lending. Banks that had got into the act early on, in competition with the specialised housing finance companies that started the business, were handsomely rewarded with a very positive risk-reward profile for several years. As the sector expanded, though, many of these [...] Continue Reading »
The India cricket team captain Mahendra Singh Dhoni may face problem now in an income tax investigation. The tax department is looking to investigate the issue of four post-dated cheques worth Rs 75 crore issued by Amrapali Group. Chairman Anil Sharma to Dhoni The cheque issued in year 2011-12, was to be encashed in 2014. [...] Continue Reading »
Experts feel that due to good economic conditions, the executives are likely to see their salaries increase by 15 to 20 percent. HR experts say that the increase in salary varies in sectors. The sectors like pharmaceutical and automobile industries are likely to notice maximum increase. Mr. Udit Mittal, HR firm Unison International’s Managing Director, [...] Continue Reading »
Due to recession in industrial and real estate sectors and decline in the LBT rates of some of the commodities the revenue of the Nashik Municipal Corporation (NMC) through the local body tax (LBT) has declined by 13.46% to Rs 601.88 crore in the current fiscal year as compared to the revenue collected during the [...] Continue Reading »
In India for every one billionaire there were just 26 ultra high net-worth individuals whose net assets are over $30 million excluding their primary residence. While in Japan for every billionaire there were 609 UHNIs and in Brazil and South Africa the ratio was1:129 and 1:119 respectively because these markets are in initial stage. Worldwide [...] Continue Reading »
As per the Sola police, Mr. Vipul Chaudhary, who is resident of Shayona Park, Memnagar, owns Shreeji Developers and has office at Silver R Mall in Chandlodia. As per the complaint registered by Mr. Chaudhary, when his staff members reached the office, they noticed that the lock on the main door is broken and Rs [...] Continue Reading »
RV Nirmaan is planning a new block at its RV Aadvik project near Kompally which is located in the north of Hyderabad. In this project they are planning to develop 65 units and promises to complete in 18 months. This project consists of two BHK units ranging from 1,050 sq ft to 1,250 sq ft [...] Continue Reading »
The Software Technology Parks of India (STPI) has requested the state government for reintroduction of provision of zero rated sales under Odisha VAT act for the IT and ESDM (Electronic System Design and Manufacturing) units of the state to make them competitive in the world market in the draft Industrial Policy Resolution (IPR). Earlier, under section-18, the [...] Continue Reading »
