Aug 05, 2014 at 17:43 | Source: CNBC-TV18
Sources say the biggest change will be to halve the minimum value of the underlying property owned by a REIT to Rs 500 crore. This will make many more rent-yielding buildings eligible for REITs.
Jul 30, 2014 at 11:39 | Source: CNBC-TV18
The announcement of Real Estate Investment Trusts (REITs) in the Budget has enthused developers and has been hailed as a game changer for the cash starved sector.
Jul 24, 2014 at 15:09 | Source: Moneycontrol.com
The Finance (2) Bill 2014 contains may of amendments to the Income-tax Act, 1961 specially with reference to the Real Estate Sector.
Jul 21, 2014 at 16:33 | Source: CNBC-TV18
Selling a house? Tax changes you need to know in our tip of the week. Prime Property tells you how the Budget has changed the rules for property buyers and sellers.
Jul 16, 2014 at 08:07 | Source: CNBC-TV18
The biggest announcement for the property market is the introduction of real estate investment trust or REITs. The devil is in the detail though. Industry says introduction of REITs has been dampened by the levy of a dividend distribution tax (DDT). Nayantara Rai of CNBC-TV18 reached out to EY to understand the proposed REITs structure, tax sops.
Jul 15, 2014 at 20:12 | Source: PTI
"What we are pleading to the court is that whatever money bankers will get from the sale of shares and properties of the airline, we should also be given our dues," Services Tax Commissioner Sushil Solanki said.
Jul 15, 2014 at 16:11 | Source: CNBC-TV18
Neglected year after year, the battered realty sector is finally looking at a new lease of life from finance minister Arun Jaitley. From a higher tax rebate to home loans to simplify ADR regime to intersubvention for affordable housing. The FM has laid the foundation stone of Narendra Modis vision of a hundred smart satellite cities.
Jul 15, 2014 at 12:26 | Source: Moneycontrol.com
"Tax rebates like increase in housing loan exemption from INR 1.5 lakhs to INR 2 lakhs will encourage property seekers to finalise their pending property decision," Ganesh Vasudevan, CEO, IndiaProperty.com said.
Jul 14, 2014 at 21:59 | Source: PTI
Embassy Property Developments' Michael Holland said his company expected more clarity on these issues, including exemption from capital gains, tax among other issues after the next Budget.
Jul 10, 2014 at 10:56 | Source: CNBC-TV18
Prestige Estates and Kolte-Patil gained 3-4 percent on Thursday on hopes that the Finance Minister Arun Jaitley, in his maiden Union Budget, may announce some tax sops for real estate sector.