Over 60K property owners to gain from property tax fine waiver
Owners of over 60,000 properties in Kolhapur city with property tax dues can avail a 50% waiver on fine after paying the principal amount and half the fine, said officials. Political parties cutting across party lines had demanded a rollout of the…
Stamp duty collection up by 19% in Gujarat
Continuing its robust bounce back after the Covid-19 pandemic, the real estate sector notched up an impressive performance in the year 2022, with property registrations up 11% and government revenue in the form of stamp duty and registration fee rising by 19%…
Budget Impact Analysis – Colliers and CREDAI-MCHI
The proposed Union Budget 2023-24 largely focuses on green growth, urban infrastructure, and technology. Contrary to the expectations, there were no direct announcements for the real estate sector. However, the government continued to focus on the affordable housing segment by…
FM Sitharaman lists seven priorities of Union Budget 2023
FM Nirmala Sitharaman present the Union Budget for 2023-24 with a digital device. In 2019, FM Nirmala Sitharaman presented the Union Budget in a traditional ‘bahi-khata’ rather than a leather briefcase for the first time since independence. However, due to the Covid-19 pandemic…
Revamped credit guarantee scheme for MSMEs-Budget 2023
Finance Minister Nirmala Sitharaman in her Budget speech on February 1 announced a revamped credit guarantee scheme for micro, small and medium enterprises (MSMEs). The revamped credit guarantee scheme for MSMEs will come into effect from April 1, 2023, with an infusion…