real estate transactions
Importance of the Real Estate (Regulation and Development) Bill
The Real Estate (Regulation and Development) Bill, 2013, provides for a uniform regulatory environment so as to protect the interests of consumers, help in the speedy adjudication of disputes arising through real estate transactions, thereby enabling the systematic growth of the real estate sector. The Bill which was long-awaited comes as a blessing to real […]
Basic regulations, tax implications involved in real estate transactions – Part II
Value Added Tax (VAT) The Value Added Tax (VAT) is a type of indirect tax and is one of the major sources of revenue to the state. The VAT system of taxation was adopted by most of the states in India in the year 2005 by replacing the General Sales Tax Laws with New Value […]
