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CommonFloor Editorial Team

Property Tax 1

Budget 2014: Direct tax code breathed a new life

The maiden budget under the regime of Modi’s government, was a mere litmus test as big investors, corporates and stakeholders, expecting major economic reforms keep a watchful eye. The budget 2014-15, left the income tax rates unchanged, however it offered sops to small assesses, by increasing the threshold exemption limit from Rs 2 lakh to […]

CommonFloor Editorial Team

Investment 211111111111

Budget 2014: Incentives for REIT and InvITs

In a bid to offer a major boost to the infrastructure and real estate sector of the nation, Modi government’s maiden budget promised conducive tax regime for two crucial investment instruments- Infrastructure Investment Trusts and Real Estate Investment Trusts. Such a move is expected to rope in long-term funds from both domestic and foreign investors, […]

CommonFloor Editorial Team

Budget 2014: Tumkur gets ‘smart city’ tag

A  Smart city, for starters, can be simply put as a concept where every life will be technologically driven. For instance, a person can switch-off the lights at house remotely even from his/her workplace which could be located 40 kms away. This is worded as smart grid technology, an illustration of which has been implemented by […]

CommonFloor Editorial Team

Budget 2014: Single-window-clearance

As an attempt to kickstart the investment cycle, the finance minister made it crystal clear that the new government will lay special emphasis on faster and quicker clearance of projects and at the same time focus on reduction in red tape. Following this, the government is aiming to cut down all kinds of project delays […]

CommonFloor Editorial Team

Budget 2014: Land Acquisition Act

In the union budget 2014-15, the finance minister did not make any public announcement regarding the Land Acquisition Act. Expectations were high with the union budget that it will inject transparency into the land acquisition process, however, the new government did not throw light in this regard. Land Acquisition Act is a crucial term for […]

CommonFloor Editorial Team

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