Business & Finance News

Considering Buying New Home: GST and RERA Likely to Increase Property Prices

Considering Buying New Home: GST and RERA Likely to Increase Property Prices

As per experts, the GST and the recently implemented RERA shall revise property prices upwards by 10-20%. Though, a tax rate of 12% shall apply uniformly on under-construction or new property projects and the tax out-go for an individual buying

Business

Provide Adequate Transaction Details In Passbooks: RBI To Banks

Provide Adequate Transaction Details In Passbooks: RBI To Banks

The RBI asked banks to provide "adequate details" of transactions in the passbooks and statements of accounts so that customers can cross-check them. Earlier, the Reserve Bank had advised them to

RBI Asks Banks To Furnish Sufficient Transaction Information In Account Passbook

To enable easy cross-checking by bank customers with respect to the different transactions they undertake, the apex banking regulatory authority, RBI has instated banking institutions to furnish
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