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  • BUILDERS MUST TELL ALL TO BUYER - A Step in the Right Direction

    The next time you go on a property hunt, you can ask your real estate promoter whether the particular plot is capable of being loaded with additional FSI in the future. The promoter is legally bound to give you the answer. In a major relief to flat buyers in Maharashtra, the Supreme Court on Thursday held that real estate promoters must not only ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on January 13, 2007
  • CHIDAMBARAM INDICATES SOFTER TAX RATES

    CHIDAMBARAM INDICATES SOFTER TAX RATES New Delhi The Economic Times Busy preparing the union budget 2007-08, Finance Minister P Chidambaram Thursday indicated moderation in tax rates next fiscal following improvement in tax collection. In a wide-ranging interview to NDTV, telecast Thursday night, the finance minister also hoped of a ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on January 7, 2007
  • Lease your Property and Get Tax Breaks.

    The goverment is considering TAX SOPS for people to rent out  vacant property. Excerpts from Times of India : GREAT EXPECTATIONS Padma Ramakrishnan The Times of India (Mumbai edition) It will be a step in the right direction. The government is studying a proposal to give tax relief on income from rent, from 30 percent to 50 ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on January 7, 2007