Government
Delhi- The government has strictly warned all taxpayers to disclose their true income and those who fails would be receiving notices from the Income Tax Department. Since the tax collected was very less in April-November, it asked taxpayers to file correct returns by December 15, when the third instalment of advance tax is due. The [...] Continue Reading »
Chandigarh- Government has decided to convert a part of forest in Zirakpur into a park. This effort will definitely bring smile to 1500 people residing in 11 societies, who can use that park. Unfortunately due to lack of area, forest department cannot create a park for societies on the Peer Muchalla road of Zirakpur. Since entire open [...] Continue Reading »
Mumbai- Real estate developers who were not able to rent out malls or facing tough time in building shops is expected to look up after the parliament cleared the foreign direct investment (FDI) in multi-brand retail. According to Jones Lang LaSalle, a real estate consultancy, India has recorded a dropdown in the supply of rental [...] Continue Reading »
Mumbai – Residents staying on private forest land have denied to shell out extra money to the government to regularize their flats. After hearing a forest land appeal last week, the Supreme Court Chief Justice asked the court registry to hire a three-judge bench to hear the matter but the appointment is pending for 18 months. Over [...] Continue Reading »
While the government of India forcing leading real estate developers to cater to the needs of buyers of economically weaker section (EWS) through developing affordable housing projects, the developers are concerned about the loss of incentives for being in the business of building affordable houses. Developers claim that there is no difference in the amount [...] Continue Reading »
Real estate players have been provided with significant opportunities as the education sector lacks physical infrastructure. The quantity of physical infrastructure and real estate development required is as huge that education institution operators or government cannot achieve it alone. There are around 25,000 colleges and 460 universities in our country with over 144 million customers in education [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) is to construct a new public parking lot in Lower Parel in coming January as residents in Mumbai are facing difficulty to park their vehicle. The developers have to handover the parking lot constructed under the parking floor space index (FSI) policy revised by the state government in 2011. The parking [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) will now make sure that if residents face any issues regarding property tax, they can go to their local ward office whenever they receive the property tax bill. Estimating the particular dilemma that the new capital value based on property tax system can give rise among the citizens, the civic [...] Continue Reading »
To regularize illegal cables, telecom companies and MSEDCL will have to pay thrice the original charges to the Pune Municipal Corporation (PMC). Regarding subway cables the civic management has come up with a proposal . The proposal will likely be reviewed in the social position panel meeting planned. Several government, semi-government, private corporations and also [...] Continue Reading »
Bangalore- Who would like to travel for hours in crowded cities and especially after a tough day of work? Most of us would love to reside in a home which is close to our workplace. Staying near to your workplace has many benefits. Most importantly, it saves your precious time which otherwise is wasted on [...] Continue Reading »
