On Thursday, 4th May – 2017 Gujarat Government notifies RERA rules which are third and final set of rules. This rules are mandatory to be notified by each state and union territories as per The Real Estate (Regulation and Development) Act, 2016 (RERA). Said comes in to force with effect from 1st May – 2017.
Rules also made clear that it is applicable to all ongoing projects which have not received completion certificate as on 1st May – 2017. Continue reading “Gujarat notifies RERA Rules”
Finance minister Arun Jaitley presented the Union Budget 2017-18 in the Lok Sabha today. Here are the highlights of the Union Budget. Terming the Union Budget “futuristic”, Prime Minister Narendra Modi said it will usher in a new beginning to fulfil the dreams of every section. “This is a Budget for the future — for farmers, underprivileged, transparency, urban rejuvenation, rural development and enterprise,” Modi said in a televised message about the Budget proposals. Continue reading “Budget 2017-18 : Hidden Facts and Analysis”
Goods and Services Tax (GST) bill, which was stuck in Parliament since a long time, has finally been passed with over 2/3 majority. Rajyasabha unanimously passes key GST Bill, Not only Congress, but other major political parties showed support for GST, as a result of which, the bill has finally been passed. Continue reading “Rajyasabha unanimously passes key GST Bill”
The Cabinet approves amendments to GST bill. The GST bill, intends to convert 29 states into a single market through a new indirect tax regime.
The amendments were taken up by the Cabinet after FM Jaitley’s assurance to state FM that the government will include in the Bill the mechanism of compensating states for all the loss of revenue for 5 years. Continue reading “Cabinet approves amendments to GST bill”
Hopeful of a fruitful Parliament session: PM
Amid signs of a stormy Parliament session ahead, Prime Minister Narendra Modi on Tuesday hoped the Budget Session will be fruitful and utilised for constructive debate, adding “friends” from opposition parties had shown “positive” attitude during various interactions, Hopeful of a fruitful Parliament session: PM
The Prime Minister also said opposition should severely criticise the government and highlight its shortcomings, asserting that it will strengthen democracy, as he highlighted how his government had risen above formalities to reach out to the opposition parties. Continue reading “Hopeful of a fruitful Parliament session: PM”