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Tag Archives: sector

Will 18 pc GST on sports education be a death knell for investments in the sector?

“India has huge potential in sports. It is a sports loving country. We have no shortage of talent. But we need to provide the right kind of opportunity and create an ecosystem to nurture the talent. A strong sporting culture can help the growth of a sporting economy,” Prime Minister Narendra Modi said on June 15, 2017, while inaugurating the ... Read More »

Types of crowdfunding and why it is beneficial for real estate sector

Crowdfunding is a method of raising capital through collective effort of friends, family, customers and individual investors. This approach taps into the collective efforts of large pool of individuals primarily online via social media and crowdfunding platforms. Apart from raising capital, crowdfunding is also a way to create awareness among the masses and support for a project from the people ... Read More »

Some predictions on where real estate sector is heading post-RERA

The deadline of July 31, 2017 for notifying RERA rules ended with most of my predictions coming true. Unfortunate but expected. Here is a quick summary of the key developments by the deadline date and their impact going forward. 1. Completion Certificates (CC): There was a rush by developers for securing CC with the hope that some of their projects can get ... Read More »

Real estate sector sentiments take a further hit with RERA and GST ambiguity

The uncertainty over the manner and form in which the Real Estate (Regulation and Development) Act, 2016 (RERA) rules will be implemented across states and the implementation of the Goods and Services Tax (GST) from July 1, 2017 has created confusion among stakeholders, especially with respect to on-going projects, says FICCI-NAREDCO Real Estate Sentiment Index for the second quarter 2017. ... Read More »

GST’s impact on the education: Here’s how it will strike this sector

The Goods and Services Tax (GST), which is India’s biggest tax reform, will be launched at midnight. According to reports, Prime Minister Narendra Modi at Parliament’s historic Central Hall, in the presence of President Pranab Mukherjee will be releasing the GST. With a motive to make the taxation process simpler by eliminating the concept of multiple taxations, the GST is ... Read More »

Kerala Chief Minister Vows To Bridge Economic Divide In Education Sector

Kerala Chief Minister Vows To Bridge Economic Divide In Education Sector THIRUVANANTHAPURAM: The state government is trying to bridge the economic divide in the education sector and ensure quality education to children irrespective of their financial background, Kerala Chief Minister Pinarayi Vijayan said today. He was speaking after inaugurating the state-level ‘Praveshanotsavam’ (entrance festival) at the Upper Primary School at ... Read More »

Budget 2017: Spend on education sector seen falling short

Sidhartha Shukla Moneycontrol Budget 2017-18 was billed as ‘no-nonsense’ by many, but its impact on the education sector is not yet clear. The government has allocated roughly Rs 80,000 crore for the sector, about 10 percent higher than last year. While the number may seem huge, one has to view it in proportion to the total expenditure. Compared to peers, India ... Read More »

No concessions for Apple, but govt to review mobile manufacturing policy to boost the sector

NEW DELHI: The government won’t offer any special concessions to Apple but is reviewing its entire policy on mobile phone manufacturing as part of an effort to promote the ‘Make in India’ initiative, officials said. This could meet some of the demands that Apple has made apart from benefitting other phone makers as well. Apple had sought the concessions to ... Read More »

Arun Jaitley Woos Chinese Firms To Invest In India’s Infrastructure Sector

Finance Minister Arun Jaitley said India will be the only economy in the world which is poised to grow at 7.5 to 8 per cent. (PTI photo) BEIJING:  Making a strong pitch for Chinese investments in India’s expanding infrastructure sector, Finance Minister Arun Jaitley today said India will be the only economy in the world which is poised to grow ... Read More »

Promoter Stake in Godrej homes Rises in March sector

New Delhi: Godrej residences‘ promoters stake inside the business enterprise has elevated by over 2 in line with cent to 74.ninety five according to cent on the end of the March zone. Mumbai-based Godrej houses is the actual estate arm of the Godrej institution. in line with the shareholding sample filed on Tuesday with the BSE, the promoters’ stake in ... Read More »