Real estate has always been an attractive place for all stakeholders whether in terms of investment, profession, or end-users. The country underwent a massive revolutionary change in 2016 with the enactment of RERA. It stands for the Real Estate (Regulation and Development) Act, 2016 that is in commencement since 1st May 2017, it is among […]
Like in any family there are unwritten rules for good bonding between members, the corporate governance is all about a system of direction, feedback, and control using regulations and ethical guidelines meeting societal expectations. The word governance is derived from the word ‘gubernate’, which means to steer. Thus, Corporate governance would mean to steer an […]
In a fast tract resolution procedure firstly a resolution professional is appointed. Then the resolution professional makes a public announcement within 3 days of his appointment.
As we know, Humans are in the urge of seeking double our money and gain profits by way of investment. In India, there is a concept in the minds of people investing in FDs, gold, and shares. But there is another way of investing also. We all are heard about the word “Crypto Currency” but […]
Supreme Court ratifies Section 54(3) of CGST Act, 2017 & Rule 89(5) of CGST Rules, 2017 Inequities in Rule 89(5) are to be ironed out by the Government in the course of the application of the formula for computation of Refund in case of Inverted Tax structure The Supreme Court on Monday 13th September 14, 2021, held […]
NEW VS OLD DEFINITION OF SMALL COMPANY As the annual filing season is coming along the way, it is pertinent to have a clear understanding about the applicability of definition of small company. For that matter, let’s have a look at some of the important points of consideration. – In the Union Budget 2021, Hon’ble […]
The fact that almost 65% of the country’s population comprises of young age particularly under age of 35 years is reason that our country has gain status of young nations in the world. Although it is true that the more the working eligibile population , the more the unemployment problems are, but if are to name one sector that is immensely contributing to resolve such issues, is the Micro, Small and Medium Enterprises sector
Being repsonsible for contributing the expansion of entrepreneural endeavours the Micro, Small and Medium Enterprises sector (hereinafter MSME) has been widening its domain across country.
Chartered accountant is also required to give promoter certificate (Form 3 reg. 3 of MahaRERA General Regulations, 2017) which he will needing to fufill the registration requirements. The said certificate is also necessary for seeking withdrawals from separate account maintained by builder in scheduled bank containing 70% amount realised from allottees towards real estate project.
It is a general rule to be cautious while investing in real estate since there are many emotional decisions involved it is necessary to take every step wisely. Whether a person is buying an apartment or consenting to the redevelopment of society, the most stressful task is finding a reliable builder.
