The introduction of the Goods and Services Tax (GST) is in itself a path-breaking fiscal reform. Corporate tax and other indirect taxes may be revamped keeping in view GST requirement.
Tag: Real estate
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Weathering the cash disruption
There is never a dull moment in real estate. 2016 began promisingly in comparison to 2015; however, as things stand, the year isn´t expected to end on a healthy note. A major factor for this could be attributed to the policy developments by the government, which in the short term have led to an unpredictable disruption, but in the long run are projected to augur well for the industry as a whole.
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Housing.Com ties up with Tata Housing for platform
Realty portal Housing.Com has tied up with real estate major Tata Housing to create a digital marketing platform for the sale of existing inventories and launch of new projects.
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The Buck Cannot Stop Here
Reams and reams have been written on the demonetisation drive being conducted by the government, but industry watchers seem to be confused on the intention of the Centre for launching such a massive exercise, and the possible consequences on the Indian economy because of this apocalyptic scheme.
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GMR InfrA arm submits bid for GreeK airport
GMR Infrastructure´s subsidiary, GMR Airports (GAL), has submitted a bid along with its partner GEK Terna Group of Greece for the development
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MAKE IN(fra) INDIA
Though the Centre has chalked out ambitious infrastructure plans, a multi-rate GST, and the DND toll cancellation issue, may dampen the spirit of the infra industry. Union Minister for Road Transport and Shipping Nitin Jairam Gadkari´s well laid out plans to kick start an infrastructure boom in India
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Mandaviya takes over as MOS
Mansukh Lal Mandaviya has assumed the charge of Minister of State, Ministry of Road Transport & Highways and Shipping from July 11, 2016. He is a BJP MP (Rajya Sabha) from Gujarat.
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Brookfield to buy out RInfra´ road assets
Brookfield, the world´s second biggest manager of alternative assets like real estate and private equity from Canada, has emerged as the frontrunner to take over the entire portfolio of 11 road projects of Reliance Infrastructure for an enterprise value of Rs.8,000 crore.
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Investments in AIFs to get a boost on RBI notification
Alternate Investment Funds may soon be flush with money after the RBI notified that NRIs and foreign portfolio investors (FPIs) will be allowed to invest and trade in this category of funds.
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RBI approval to set up a subsidiary for real estate of SBI
State Bank of India (SBI) has received in principle approval from RBI to set up a subsidiary that will manage the real estate of the government owned bank.