taxation
Consumers looking at taking the benefit of the government’s emphasis on the real estate sector, especially the housing sector, need to be aware of the tax implications. These tax implications are related to the sale-purchase of properties particularly when the sale-purchase agreements and their executions are spread over several days/months or even years. The citizens [...] Continue Reading »
The property tax department of Pimpri Chinchwad Municipal Corporation (PCMC) has collected Rs 167 crores this financial year. There was a rise of Rs 50 crore in collection compared to the same period last year, Shahji Pawar assistant commissioner and chief of property tax department. Residents will have to pay the property tax of six [...] Continue Reading »
The Confederation of Real Estate Developers Association (CREDAI), on Wednesday, called for comprehensive reforms in areas related to land administration, banking and taxation to lift the realty sector and support in meeting the shortage of 26 million houses. CREDAI unveiled 10-point agenda to revive the sector, which is facing demand slowdown due to high interest [...] Continue Reading »
