President hereby directs that the powers and the functions of the appropriate Government under the Real Estate (Regulation and Development) Act, 2016 (16 of 2016), other than the powers under section 82 and section 84
Banking Regulation (Amendment) Ordinance, 2017 enables the Union Government to authorize RBI to direct banking companies to resolve specific stressed assets (NPA)
Powers of the appropriate Government under Real Estate (Regulation and Development) Act, 2016 (16 of 2016) shall, subject be exercised, in relation to Delhi, by the Lieutenant Governor thereof.
Real Estate sector is the most revenue generating sector in India. But there is no regulatory Authority to regulate it. Because of which the project gets delayed unnecessary and buyers have to face problems. It is the sector in which black money generation is very much high.
The centre of the litigation was the valuation of such service. Both the laws provided independent valuation measures and that is why the situation of double taxation occurred. VAT and service tax was being paid on the same value. Various judicial pronouncements having immense significance were rendered from time to time like the decision given in the case of Bhayana Builders [2013 (32) S.T.R. 49 (Tri.-LB)] where it was concluded that free supply of material will not be added to the taxable value of service for calculating the service tax.
First of all, I would like to request my fellow future professionals to focus on the concepts. If you are clear on your concepts, you can answer what have been asked to you in the question instead of just writing what all you know. Moreover, if your concepts are clear, it will take you lesser time when you are revising.
The Reserve Bank of India (RBI) on 26th April, 2017 proposed draft of Foreign Exchange Management (Cross border Merger) Regulations, 2017 under Foreign Exchange Management Act, 1999 in relation to cross border mergers and is accepting public comments till 9th May, 2017.
THE RAJASTHAN GOODS AND SERVICES TAX BILL, 2017- An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the State of Rajasthan and the matters connected therewith or incidental thereto.
While there may be naysayers and people who doubt these efforts and cast aspersions on the government’s immunization program, fact is the vaccines save lives. And we are committed to enabling every child to get an opportunity to lead a healthy life. Through our work guided on science and innovation, keenly supported by evidence and insights, and led by vision and compassion, I am convinced that we will be able to provide better healthcare to all Indians.
The Corporation authorities have contended that, they have a policy guidelines of display of advertisement within the Kolkata Metropolitan area. Under such policy guidelines, the authorities are to look at the desirability of the content of the advertisement in the hoardings or glow signs. They are also to look at whether the hoardings or glow […]
