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STAMP DUTY CUT
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...- Why are newspapers so big? Industrialist Harsh Goenka shares a surprising 300-year-old secret you may not knowA British tax law from over 300 years ago shaped the large size of newspapers. Publishers printed on bigger sheets to pay less tax. Even af...
- From proud owner to regret after one year, Bengaluru flat buyer now feels the 'EMI noose' around his neck as he exposes the hidden cost of owning a property in India's Silicon ValleyA Bengaluru resident's Reddit post reveals the often-unspoken challenges of flat ownership, detailing stressful buying processes, unexpecte...
- These large- mid- and small-cap stocks have an upside potential of up to 31% in 1 year, according to analystsAs nothing can be ruled out on the street, be prepared for anything. Now, what is the probability that the bears will be chased away from t...
- No more sub-registrar visits: Delhi’s new Aadhaar-linked property portal is set to make property registration onlineDelhi government is reviving an ambitious plan to make property registration entirely paperless and faceless. By allowing online applicatio...
- Kolkata residential sales fall 15% in AugustDespite the annual decline, August 2022 becomes the month witnessing the third highest sales registration documents since the inception of ...
- Kolkata house sales soar in July as buyers rush to avail benefits of stamp duty cutJuly 2022 is the second-best month in terms of sales registration volume after August 2021. On a month-on-month basis, July 2022 also recor...
- Kolkata realty market sustains growth momentumKolkata residential property market has sustained its growth momentum as homebuyers continued to acquire properties on the back of record-l...
- Registration of homes in Kolkata region down 62% in Nov; up 79% in Jan-Nov on stamp duty rebateKolkata-based Emami Realty Managing Director and Chief Executive Officer Nitesh Kumar said, "It is a good time for the realty sector in Wes...
- 90 pc south central Mumbai properties unsold despite low loan rates, stamp duty cutsThere are 10,700 housing units currently available for sale in this region, which was formerly the mill land and hence created huge opportu...
- Stamp duty rebate gives big boost to Greater Kolkata’s real estate market: ReportThe stamp duty cut for documents which complete registration between 9th July 2021 to 30th October 2021. Coupled with a 10% reduction in ci...
- West Bengal and Karnataka Governments cut stamp duty to revive residential salesHowever, the housing demand in Bengaluru is unlikely to get a significant booster as the market is largely skewed towards the mid-segment –...
- Stamp duty reduction likely to improve homebuyers' sentiment: Magicbricks Consumer PollProperty registration and stamp duty charges range between 5%-9% on an average across the country and add significantly to the overall cost...
- 50% drop in Maharashtra registrations, revenueThe duty cut led to a surge in apartment sales during between September 2020-March 2021. Developers urged the state to extend the benefit, ...
- COVID-19 to impact housing sales in major cities in April-June quarter: AnarockQuoting data by Inspector General of Registration (IGR), Maharashtra, Anarock said the stamp duty cut period between September 2020 to Marc...
- Mumbai property registrations rose 114% during stamp duty cut periodLed by the stamp duty reduction benefit, real estate registrations in Mumbai, the country’s largest property market, witnessed a 114% on-ye...
- Stamp duty cut will boost the demand for luxury property: ExpertsIn many areas like Maharani Bagh, Friends Colony, Panchsheel Park, market rates is 30-40 percent less than the circle rate and in the last ...
- Registration of residential properties in Mumbai region up 36% in October: ReportHome sales volume in Mumbai stood at 7,929 units in October 2020 and were boosted by stamp duty cut and festive period of Navratri and Duss...
- Fund-hungry states slash stamp dutyThe Centre’s diktat has worked. While many states have slashed stamp duty rates from as high as 12% to as low as 6%, other states are plann...
- Cut stamp duty to 4%: AssochamIndustry body Assocham has demanded uniform stamp duty rate of 4 per cent throughout the country on all property transactions along with co...
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