Corporates
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »
The commercial real estate in India was adversely affected due to economic slowdown and corporate downsizing their operations in 2013. High rentals, inappropriate design layout and an immense oversupply have added insult to injury. International property consultancy firm Regus saw this as an opportunity to innovate and introduced plug-and-play model. The clients get to use [...] Continue Reading »
Mumbai- With the Finance Bill 2013 improving the distance and population criteria for determining agricultural land as a capital asset without levying any capital gains tax, land transactions around smaller towns are expected to increase. This move has eased norms for realtors and corporates looking to buy plots around small towns and cities now. A [...] Continue Reading »
Banks are ready to provide loans to business industries, however, there are no takers! Individuals who desire home loans can buy residences which are worth Rs 20 lakh and much more, in any other case it’s going to be invalidated on flimsy ground. The largest bank SBI is actually resting with a big bin. It [...] Continue Reading »
Big corporates have seemed to put emphasis on making their new projects accessible, comfortable and user-friendly for the elderly and the handicapped people. Ansal Unitech, DLF, Tata Housing, SVP Developers are designing their residential, even commercial buildings imbibed with barrier-free design with easy and convenient passage to different sections of the home in order to [...] Continue Reading »
Economic slowdown in the country has even hit tax collection in the April-June quarter. Only 6.77 per cent growth in gross direct tax collection has been recorded in the quarter while the target for the year was 15 per cent. The gross tax collection for the quarter was over Rs 1.11 lakh crore as against [...] Continue Reading »
In the current environment, renting an apartment works out to be much cheaper than outright purchase.It’s the newer properties where one notices sluggish sales because of their high rates. A trend of buyers look at old properties with a substantial number translating into sales. Not surprising then that corporates who own flats in such good [...] Continue Reading »
