Recently, Maharashtra State Government circulate new circular, which aims to increase the stamp duty revenue with the help of change in method of calculation of depreciation in old residential as well as commercial building and it has caused a flutter in the real estate industry of Mumbai. As per the statement of legal experts, The […]
Income Tax Archive
September 4, 2015 6:00 pm
Now, no NOCs for property registration
The common man in Punjab can now be relieved as the practice of procuring a no objection certificate (NOC) from the local body or housing development authority for the registration of sale deeds of property has been abolished. Instead, the seller will have to give a declaration regarding the property being within municipal limits and […]
July 11, 2014 6:20 am
Budget 2014: Top amendments for Real Estate Sector
The real estate sector is considered as one of the most important sectors for the economic growth of the country. With very promising plan of providing housing to everybody maximum by 2020, the new government headed by Prime Minister Narendra Modi has taken a very important decision in making few amendments in the law related […]