Real estate: The Uttar Pradesh Government has introduced new regulations that mandate the registration of builder-buyer agreements upon payment of 10% of the flat’s price. This development has led to concerns among both buyers and developers. Homebuyers are required to pay a percentage of the property’s value as stamp duty to facilitate its registration in government … Read more
Budget impact: In the Union Budget 2024, the Centre has made noteworthy adjustment regarding the treatment of long-term capital gains (LTCG) in property transactions. Specifically, the indexation benefit has been eliminated, resulting in substantial modifications to the LTCG calculation. Despite this change, it has been affirmed by the government that properties purchased or inherited prior to … Read more
Just the other day at a Supreme Court hearing, this high-flying, cigar-loving senior counsel was busy quoting reams of documents to prove his client was illegally removed from the corner office. Synopsis ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours. Dec 21, 2020, 09:08 AM IST GIFT ARTICLE … Read more