Changes in labour laws can raise formal employment to 40%
NEW DELHI (INDIA): : Revamp of labour laws can help in raising participation in the formal sector and increase the share of formal employment from current 11 per cent to… Read more »
Category: Regulatory
Sebi notifies norms for public issue of REITs
NEW DELHI (INDIA): Markets regulator Sebi on Monday put in place detailed guidelines for public issuance of Real Estate Investment Trusts (REITs) including allocation of units to institutional investors. The… Read more »
India: Rs. 2,72,380 crore investment in urban infrastructure approved during 2016
NEW DELHI (INDIA): Further to launch of major new urban sector missions in June,2015, implementation of urban infrastructure projects got off a good start in 2016, the first year of… Read more »
Delhi land pooling: CAG finds lack of synergy between DDA, government
NEW DELHI (INDIA): A Comptroller and Auditor General (CAG) report has pointed out “lack of coordination” between Delhi Development Authority (DDA) and Delhi government leading to non-implementation of the land… Read more »
Stamp duty collections drop in Maharashtra, fall more acute in rural areas
MUMBAI (INDIA): Since the announcement of demonetisation last month, collections from stamp duty in Maharashtra have decreased and the fall is greater in rural and semi-urban areas, official data shows…. Read more »
Bill passed to simplify collection of property tax in Kolkata
KOLKATA (INDIA): The Kolkata Municipal Corporation (Amendment) Bill 2016 was passed in the West Bengal Assembly to simplify the assessment and collection of property tax and make the entire process… Read more »
Uphaar case: Supreme Court of Indai reserves verdict on plea for reviewing Ansals’ sentence
NEW DELHI (INDIA): The Supreme Court of India (SCI) reserved its verdict on a plea by the CBI and Association of Victim of Uphaar Tragedy (AVUT) seeking the review of… Read more »
India key to ensure gains of urban development to all
NEW DELHI (INDIA): Seeking to evolve an Implementation Plan for the next 20 years for realizing the goal of equitable urban development through building of inclusive, safe, resilient and sustainable… Read more »
Supreme Court of India restrains DLF from creating 3rd party rights in Noida land
NEW DELHI (INDIA): The Supreme Court of India has restrained reality major DLF from creating any third party rights on a portion of land where it has constructed the ‘Mall… Read more »
CAT orders CCI to look afresh into allegations against DLF
NEW DELHI (INDIA): In fresh troubles for DLF, the Competition Appellate Tribunal (CAT) has ordered CCI to look afresh into allegations of the realty giant abusing its dominant position with… Read more »