Black money Archive

Scheme for NPS subscriber housing loans for affordable rates

To provide housing finance options to the subscribers of the National Pension System (NPS), the pension fund regulator has formed a panel to look into the proposal. The panel, which is headed by former MD and CEO of HDFC Life Deepak M Satwalekar, is expected to give its report within six weeks. Various government departments

How far the land prices will get affected

How far the land price get affected ? Land parcels which are purchased from the authorities towards plotted development will not be affected but independent developments and builder floors will be affected, where cash transactions were predominant. Prime Minister Narendra Modi’s demonetisation move, touted as a bitter pill that will cure the real estate sector

Government Banned Decision not effected on Real Estate Market

For the government decision banned Rs 500 and Rs 1000 there is not effected on real estate market. Getamber Ananda, president of CREDAI-National, said: Effectively the primary market will not be very disturbed as the inventory was sold to end users who avail home loans. Anuj Puri chairman and country head of Indian arm of

Impact on the Real Estate industry

This decision will have a significant impact on the real-estate industry.According to the real estate  sector there are so many consumption about black money the most impact for the government that the crackdown felt so many.The whole market suffering for the problem of cash crises.All the major supply places for raw material and components from where

Crackdown On Black Money: Deposits Above Rs. 2.5 Lakh To Face Tax, Penalty On Mismatch

The income illegally obtained or not declared for tax purposes. Prime Minister Narendra Modi has acted to arrest the drift in his popularity and place constraints on election funding, which will benefit him in crucial state elections next year. Money earned through illegal channels is also termed as black money. Such funds are hoarded as cash and

Govt Banned Rs 500 And Rs 1,000 Notes; Industry terms it “watershed” moment in fight against black money

On 8th November 2016 Prime Minister Narendra Modi’s suddenly take decision to address the nation and announced in  the evening that people in possession of the notes of Rs 500 and Rs 1,000 will have to deposit them to bank and post office branches between November 10 and December 30, most of them rushed to