Arun Jaitley, the Finance Minister of India and the Chairman of Goods and Service Tax (GST) re-proposed GST – the indirect taxation system in the year 2016 under The Constitution (One Hundred and First Amendment) Act 2016. The idea was to bring in all the different kinds of taxes into a single taxation system. This is reckoned to be one of the most important tax reforms post-independence. The GST Council consisting of representatives from the centre as well as the states, after being constituted, met on several occasions to discuss various issues including dual control, GST laws, exemptions, thresholds, rate structure, compensation cess etc. and reached consensus on the same.
Your house is one of your biggest investments. It is essential that you take care of it, even when you are not residing there. When you let out your house on rent, the process to maintain it becomes more difficult.
Often enough, it takes people only about 7 seconds to come to a conclusion about anything or anyone. When you’re trying to sell or rent out your property, how do you use these 7 seconds to get them interested? When done in the right way, staging can help in highlighting the good and downplaying the bad about the house.
With the constantly changing times, staying updated with new technologies is imperative for any business. The property management industry is no different. While you’re trying to take the best possible care of the properties entrusted to you, it is also important to remember the growth of your business.
In order to ensure law & order and ensure justice in the city, Noida Police is leaving no stone un-turned. One attempt towards reducing crime is making it compulsory for all rental property owners to let the authorities know about their tenants. Residents of Noida now have to obtain police verification of the tenants as per new rules.
Real Estate Investment Trust or REIT is a company operating in the real estate sector that offers public common shares as investment. To put it in simple terms, REIT is a stock investment option that is akin to any other stocks / shares representing ownership in an operating business. Primary business of a typical REIT is to group income generating real estate properties. Like in other stocks, REITs too distribute profits with the share holders as dividends. By means of REIT’s, an investor will be able to buy stocks of a real estate portfolio (group of properties that generate income) without actually having to finance or buy properties.