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Amendments in GAAR by Finance Minister: Key takeaways

On May 10, 2012 · 1 Comment

The Finance Minister has announced withdrawal of TDS on immovable property as proposed in Budget, a move that would bring respite to the investors and industry alike.

GAAR is aimed at curbing tax avoidance by structuring a business or effecting a transaction with the objective of avoiding the tax liability instead of rational commercial considerations, [...]

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Akshaya Tritiya

Money choices and Akshay Trithiya – Divine Help for your Dream Home

On April 22, 2012 · Leave a Comment

Buying a home has always been one of the major decisions a buyer takes and if you have been holding off for the opportune moment to take the plunge, then the right time is just around the corner.

“Akshay Tritiya” – one of the most auspicious days in the year is [...]

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rbi cuts repo rate bop group blog

RBI cuts lending rate; home loans to become cheaper

On April 19, 2012 · Leave a Comment

EMIs to fall by as Repo rates decreased by 50 basis points

After a gap of three years, and hiking the policy rates for 13 consecutive times between March 2010 and October 2011, the Reserve Bank of India (RBI) on Tuesday announced a cut in repo rate from 8.5 per cent to 8.0.

This [...]

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Supreme Court bars banking services from Noida Residential Plots

On December 6, 2011 · 4 Comments

Residents left  high and dry as over 100 branches take a hit.

Neighborhood banks, public and private sector alike, face closure as per the latest Supreme Court Ruling.

The SC has directed that banks functioning from residential plots in Noida must shift to commercial plots within the next two month, and that the nursing homes [...]

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