Courts
Hindustan Construction Company’s dues of Rs. 5, 000 crore, mainly with various government agencies, continue to be stuck in litigation, although a year has passed. Praveen Sood, group chief financial officer, HCC,told sources ,out of the dues of R5,000 crore, R1,000 crore is being battled out in courts for settlement while the remaining R4,000 crore [...] Continue Reading »
The Chennai Corporation has decided to conduct a study on buildings including courts, police stations and police quarters yet to be covered under the property tax. The revenue department of Chennai Corporation has intensified efforts to increase property tax collection. The civic body plans to issue notices to buildings that have failed to pay property [...] 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 »
