Monthly Archives: January 2008

Forthcoming Budget Could Be Harsh

29 January 2008, New Delhi. Mr. P Chidambaram, Finance Minister of India, said on Tuesday that the coming budget could be harsh on the people. He is going to present the union budget in February. Mr. Chidambaram was asked about the tax cuts in the forthcoming budget, when he was attending an award ceremony. Mr. [...]

NRIs Are Showing Interest In Investing In Property

Indians going overseas for better economic prospects has been an ongoing phenomenon for decades. But in the past few years NRIs are looking to invest in real estate here. This is why because they see this as a way of staying in feel with their soil identity, others as a purely money-making exercise. Whatever the [...]

PAN And Its Benefit

Permanent Account Number (PAN) card has been made compulsary for every transaction with the Income Tax department.   Now a days PAN card is mandatory for opening a bank account, for transaction of immovable properties, for foreign travel, for dealing in securities and for so many more.
A PAN card also works as identification proof. Some cases have [...]

Dev Property Puts Forward The Disposal Of Interests In Two Development Projects

January 09,2008. Dev Property Development Plc (DPD.L) today declared that it intends to organize its entire interest in two development projects-

The Jupiter Mills Project
Elphinstone Mills Project

Total Investment on these two projects is £114 million. The company has declared its strategy that it will seek shareholder approval for the disposal of its interests in two [...]

DLF- Building India

DLF Ltd. has dominated the never before building boom in India. DLF has a corporate slogan “Building India”. The company is taking on a tough challenge in meeting its growth goals while counting, in part, on a relatively unknown and unpredictable market — residential developments for India’s growing number of middle-income families.
Indian real-estate sector is [...]

Facts About Taxable Income

Income is very broad term. If we talk about salaried person, the payment and facilities he or she received is said as his or her income. In case of businessman, the net profits will constitute income. Dividend, Commission and Interest etc are also called income. In Income tax act, income is [...]

Five Township Projects For Hyderabad

19 January 2008, Hyderabad. The Hyderabad Urban Development Authority (HUDA) has planned to develop five world class townships in and around Greater Hyderabad. The Chief Minister, Dr Y.S. Rajasekhara Reddy, had given approval for HUDA’s proposal on new townships in a review meeting here on Saturday. Proposed five townships will be developed at [...]

UB City – India’s First Super Luxury Mall

India’s first super luxury mall is ready to open in Bangalore. CNBC-TV18’s Faye D’Souza and Ramya Ramamurthy get a sneak peek. UB City is the first of its kind super luxury mall in the country. It is preparing to put lots of brands forward to the brand lovers in Bangalore. [...]