Fraud by the Builders
This article is going to shed some light on the list of the frauds by the builders. These frauds have become the front pages’ news and buyers are now in fear that what if they face the same issue.
This article is going to shed some light on the list of the frauds by the builders. These frauds have become the front pages’ news and buyers are now in fear that what if they face the same issue.
There may be instances where shops or hotels may use fake GST Bill or GST number and may dupe you. Hence, this article will help you to understand how to identify or verify fake GST Bill and GST number.
There has been certain spread around on payment of service tax after June 30, 2017. The issue has been clarified by Central Board of Excise and Customs (CBEC) on a consulting circular dated September 28, 2017. The CBEC has clarified that case where service was received and payment was also paid before July 1, 2017, … Continue reading “Payment of Service Tax in Transitional Period Clarified”
Builders are unhappy from the late notification of Jharkhand RERA rules in the state since the developers in Jharkhand only get five days to register.
According to the act, all the on-going projects in States should register with State RERA Authority till 31st of July 2017. But this clause has just become an immaterial requirement for registration under RERA.
Homebuyers who are heavy-hearted with Haryana’s RERA Act are in the intention of percolating to the National Consumer Disputes Redressal Commission (NCDRC) to protect their interests.
The RERA Act is expected to bring up the sales in Real estate in near future providing its worth to both consumers and builders but for now, it is more of a pest.
Anti-Profiteering Authority, headed by a secretary-level officer, will be set up soon to keep a tab on businesses that have not passed on to consumers
1st of May 2017 marked as a revolutionary date in the history of Real Estate sector as on this date “The Real Estate (Regulation & Development) Act” had come in force.
Under the guise of a new tax regime, you can screw up overcharging and bribery rigging on the part of the racers. At both the center and the state levels, the officials are formulating a strategy to deal with the complaints of leveraging the benefit of the conference-related Confucian.
The Government of Tamil Nadu has missed the deadline for the assurance of RERA Rules although a draft copy has been released which is subject to ratification.
Gujarat government had long time before notified rules regarding RERA (Real Estate Regulatory Authority) on 29th October 2016 vide notification no. GH/V/197/2016. Based on our source in Gujarat we are hoping that soon the registration will also be granted. According to the central government notification, every promoter needs to get the projects registered. The core … Continue reading “GUJARAT AUTHORITIES ARE NUDGING RERA, Registration start soon”
Thousands of business people trying to get the registration of Goods and Services Tax (GST) are facing a lot of trouble these days. With the migration of existing registered businessmen, for the new registration, the load on GST of GST opened on June 25 for gst.gov.in is so much that the site is being open very difficult.
Taking a strong note of builders and construction companies forcing buyers to make full payment before the roll-out of the Goods and Services Tax (GST) on July 1, the Center has warned builders of punitive action for trying to mislead home buyers that they will have to pay more tax under the GST regime.
Any business entity that fails to pass on benefits of lower taxes under (GST) to consumers faces penalties under the new antiprofiteering rules.