There is a large chunk of unsold inventory across the locations and available with almost all the builders. They would in all likelihood be trying to offload them and even offer a reduced rate along with other freebies. Buyers showing renewed interest in this market have to be cautious as the chances of falling into a trap could be high.
Real Estate projects that are ongoing and have not received a completion certificate, on the date of commencement of the Act, the promoter shall, within a period of 3 months from date of commencement, shall make application in triplicate for registration of the project.
All State/ Union Territories for prepare Rules and set up Real Estate Regulatory Authority (RERA) with the sole motto to regularize the real estate sector.
Builders are already saddled with under construction projects and will face tough times in bringing them under RERA, complying with new norms, arranging funds that they would have already diverted and then completing those within the new agreed time period.
The Ministry of Housing & Urban Poverty Alleviation has notified all Sections of the Real Estate (Regulation & Development) Act, 2016 and it is coming into force from today i.e. May 1, 2017 and with this a new era of development of real estate sector begins in an atmosphere of investor confidence.
Every company shall file with the Registrar a copy of the annual return within 60 days and financial statement within 30 days of AGM.
Government has extended the deadline to migrate existing registration to 30th April 2017 for all existing registrations to be migrated across state and centre.
Patent is the form of intellectual property valid for 20 years. The Patent is not considered after its 20 years passes.
If you are contemplating to take up the tax matters at the last minute, there could be bad surprises in the offing.
With hardly a fortnight left for the end of the financial year 2016-17, the March 31 deadline remains sacrosanct for several tax-related matters.
1,200 applications from accused seeking mercy under compounding of offences rules with several of them approaching authority’s post-demonetisation.
The present burden of taxation is mainly on honest taxpayers and salaried employees.” Keeping this in view, he tried to disperse the tax liability on everyone so that there is a uniformity in paying tax amongst all
Form SPICe MoA, SPICe AoA are likely to be revised on MCA21 w.e.f 26th FEB 2017.
Submitted by Tax_centrik on 21/02/2017 The Government is striving hard to meet its ambitious target to roll out a pan India Goods and Service tax from July, 2017. One of the biggest challenges in implementation of GST is the migration of existing taxpayers to GST system to ensure the smooth transition to GST regime. About … Continue reading “Don’t Miss GST Deadline: You May Loose Some Benefits”
PRAGATI (Pro-Active Governance and Timely Implementation) launched last year on 25th march turned out to be very helpful as it helped in speeding up many development schemes.It has pushed 136 project involving investment of around 8 lakh crore.Every project comes with a deadline and government agencies have to stick to it.Work on projects like Nangal Dam … Continue reading “PRAGATI launched last year speeds up development schemes”
join For Updates