Tag: income tax

Realty Sector Wants Cost Of Finance to Be Lowered

Realty sector hopes that upcoming budget by the Finance Minister will cut down the costs of finance for the construction boosting realty sector. As Finance minister is likely to announce the new Budget on February 28, realty players demanded that the cost of finance should be lowered for the construction sector. If the cost of […]

Income-tax Heat On Builders For Forged Claims On Waivers

Pune: Twelve city-based real estate developers are in the dock with the income tax department for wrongfully claiming a 100% waiver, under 80-I-B10, on low-cost government housing schemes. The I-T department said these developers claimed false tax waivers worth Rs 65 crore, but declined to disclose the identity of the erring builders. “We will be […]

Free education for kids of construction workers

Zirakpur, Chandigarh, April 24 : The Piya Charitable Trust and Foundation, Chandigarh, has taken the initiative of providing at no cost primary education to the children of construction workers in Savitri Enclave at Zirakpur. In addition primary education, it also make available healthcare facilities, nutritious diet, study material, uniform and vocational training for the rehabilitation […]