black money
The Confederation of Real Estate Developer’s Associations of India (CREDAI) has called for unleashing of immediate reforms governing the realty sector to put an end to the license raj and stop the illegal transactions in realty deals. According to a CREDAI personal, the system itself is responsible to convert the real estate business as full [...] Continue Reading »
The Indian real estate industry recently was known for its black money transactions! Now, the real estate experts and the government agencies fear for the flow of terror funds in the industry. A review assessment revealed that the track of highest component of undisclosed money was from the real estate income tax department. Other than [...] Continue Reading »
Corruption is talk of the hour for higher property prices in India. Yes, of course! its completely unbelievable as to why there is a mad hike in property prices? The only answer for all these questions is corruption! Few of the realty experts do have a point in saying that the politicians invest black money [...] Continue Reading »
The highest value of realty transactions of Mumbai and Pune will be submitted to National Institute of Public Finance and Policy (NIPFP) at the earliest. The realty registration and stamp duty, ready reckoner rates and sale document details are also collected say the ministry. Through this detail and depth study, the unaccounted incomes of India [...] Continue Reading »
Carrying cash was always an age old problem be it for mugging or any other illegal activity. As the upcoming polls are on its way, it brings lots of tension to Noida property buyers also. Buyers in the city can not freely carry more cash for property registrations. There has been a cap set for [...] Continue Reading »
A press note from the finance ministry on Wednesday said a committee has been constituted by the Central Board of Direct Taxes (CBDT) to examine and suggest how tax arrears from “assesses not traceable” can be recovered. The new committee will suggest modalities for utilization of the information available with Financial Intelligence Unit and the [...] Continue Reading »
