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Archive: 18 February 2019

Posts in 18 February 2019

Budget 2019 – 5 Major Changes

February 18, 2019 11625 Views 1 comment Print

Budget 2019 can be said as a boon to middle class tax payers if they plan their tax well in advance. The budget has brought some major changes to small tax payers , salaried tax payers and also a has some favourable impact on real estate sector in view of changes in house property income […]

Alteration of object clause of MOA under Companies Act 2013

February 18, 2019 121980 Views 3 comments Print

The object clause of the Company is the third clause of memorandum of association of any Company stating the objects i.e. the business/purpose for which the Company is incorporated and any other matter considered necessary in furtherance thereof. Any act done by the Company that is beyond the objects and powers as mentioned in the […]

RERA – Annual Schedule of Rates (ASR) under RERA

February 18, 2019 18264 Views 2 comments Print

Annual Schedule of Rates – ASR Value (as mentioned in CA Certificates for updates under RERA in Form 4 (especially while issuing certificate for ongoing project) ASR is a government tool to find out the minimum value of a property at different locations based on various market factors. In Delhi, it is called Circle Rate whereas; […]

Role of CAs, Engineers, Architects under RERA

February 18, 2019 12969 Views 0 comment Print

CA’s, Engineer, Architects Professionals play a prominent role under RERA. All promoters shall obtain from these 3 professional’s certificates from time to time to withdraw the money from the project Bank Account based on % of development of the project.

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