POSITION PRIOR TO JULY 18, 2022 – Prior to July 18, 2022, “services by way of renting of residential dwelling for use as residence” were exempt from the levy of GST. [Please refer to Entry No. 12 of Notification No. 12/2017-Central Tax (Rate) dated June 28, 2017]. In simple words, exemption was available for services […]
Read More →The COVID-19 pandemic demonstrated that flexibility can thrive both employers and employees and thanks to the rapid acceptance of internet-based tools during the pandemic era,Employers need to prioritize hybrid working at the forefront of their talent strategy since remote working is the new currency for attracting and keeping talent. The government issued The Special Economic […]
Read More →In the meeting of Union Cabinet dated 02nd June.2021, The Model Tenancy Act, 2021 (MTA) got approved under which separate Rent Authorities, Courts and Tribunals would be set up in districts to protect the interest of both the owner and the tenant; enabling to streamline the process of renting property in India and aid the […]
Read More →5 points to ponder if you’re giving your property on rent. 1. CREDENTIALS – Check the credentials of the person you are renting out your property to: check the I cards, bank statements, previous history, etc. 2. REGISTRATION – Make sure proper registration has been done and stamp duty duly paid. In the event of rent agreement, […]
Read More →FEELING TRAPPED? 6 ways in which the Real Estate Act will protect you. The Real Estate Act comes into force in 2016 and makes several provisions for the protection of buyers : Mandatory to register with the Real Estate Regulatory Authority (RERA): All commercial and residential real estate projects with over 500 square meters […]
Read More →7 things to do to check the legal aspects of a property for it’s transaction on your own. Checking on the legal aspects of a property is easy. Simply make a note of these points and keep ticking them as you check them: Insist on seeing the original documents: There’s a lot of scope for foul […]
Read More →Real Estate (Regulation and Development) Act, 2016 The Real Estate (Regulation and Development) Act, 2016 came into force on May 01, 2016. Union Ministry of Housing and Urban Poverty Alleviation (HUPA) notified 69 of the total 92 sections of the Act to bring it into force from 1 May 2016. This culminates the eight year long efforts […]
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