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Developers likely to move finance ministry against new property tax

Developers likely to move finance ministry against new property tax
New Delhi: Realty developers are likely to seek finance ministry’s help against the proposed property tax to be imposed on property sales. The realtors are worried that the additional tax would curb the growth of the real estate sector which is already facing slowdown. By inserting Section 43CA in the Income Tax Act, the government [...] Continue Reading »

Rs 2000 fine mandatory if you have failed to register your property!

Rs 2000 fine mandatory if you have failed to register your property!
Government bodies fed up handling people cheating and illegal cases have now routed tough measures to make them pay for it! The Ranchi urban development department had come up to a decision to impose a fine of Rs 2,000 per day on the property owners who have failed to register their properties. The same was [...] Continue Reading »



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