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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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4 mins read

Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…

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3 mins read

Budget expectations: Homebuyers expect the budget to make property purchase easier

The government is expected to boost the sentiment of homebuyers this Budget. A key proposal from th…

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2 mins read

India is working on crypto classification under GST law

The government is working on classification of cryptocurrency as goods or services under the GST la…

PTI   


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1 min read

GST might lead to rise in the sale of ready-to-move-in properties

As property developers prepare for the new tax regime, there is little hope amongst builders and…

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2 mins read

13 states decide on GST compensation — only Manipur opts for borrowing entire shortfall in one go

Out of the 13, 12 states have opted for the first option, under which the Union government has o…

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1 min read

Earning income by renting commercial properties? Be ready to shell out GST. Here are the details

Rental income received from residential house is exempt. But if you have given your unit to commerc…

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2 mins read

Bharat Bandh – over eight crore traders across India shut shop in protest against rising fuel prices and changes in GST rules

Streets across India bore a barren look as traders across the country shut shop on Friday. The trad…

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1 min read

Now NRIs can buy any property without prior approval from RBI, except for farm houses and plantations

At present, the central bank said "NRIs/OCIs are governed by provisions of FEMA 1999 and do no…

PTI   


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5 mins read

Top stock movers — Future Enterprises, HAL, Suntek, Oberoi Realty, M&M, ICICI Bank, Maruti Suzuki, Bajaj Auto and more

Indian benchmark stock index, Sensex advanced over 175 points in early trade on Thursday, led by fi…

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2 mins read

India's real estate developers want lower GST on cement-- but that is not going to make apartments cheaper

With the 35th edition of GST council meeting beginning on June 21, the government is likely to ta…

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1 min read

Interest on PPF, savings bank deposit to be included for calculating GST registration threshold: AAR

The AAR, while ruling that interest income would be included for calculating registration threshol…

PTI   


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1 min read

FinComm discusses constitution of property tax board in states, fund devolution to RLBs

The meeting also discussed the status on the state-wise devolution of funds to rural local bodies (…

PTI   


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2 mins read

GST intelligence cracks whip on pan masala manufacturers, detects over Rs 500 cr tax evasion

"Operation Kark to counter illicit sale of pan masala/tobacco/cigarettes, which was initiated on 30…

PTI   


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2 mins read

Cuts in home loan rates push sales across top cities

Indians buyers are coming home to the real estate sector. In the top seven cities, the housing sale…

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3 mins read

Indian real estate builders welcome GST relief but opinions are divided

Starting April 1, under-construction residential properties will be taxed at 5% under India’s G…

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2 mins read

India's real estate bad loans have nowhere to go but up for now, according to a major Swiss bank

However, a report published this week, by Credit Suisse has given investors a reality check for …

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2 mins read

The world's third largest ceramic industry is banking on India's love for gaudy tiles

Indian government’s spending on construction and real estate ahead of elections, including affordab…

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3 mins read

Singapore is betting big on India’s property market — but it’s part of a larger international trend

The Indian real estate sector has seen a lot of international investments over the past few years…

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3 mins read

From affordable housing to co-working spaces — here’s how 2018 fared for Indian real estate

On the regulatory front, while India has taken some key steps to protect home buyers through t…