Tag: Pune Region

Income-tax Heat On Builders For Forged Claims On Waivers

August 28, 2008 – 5:46 am

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 […]

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Rentals in Pune Up By 300% In Last Three Year

July 29, 2008 – 7:34 am

Pune seems to be gradually losing its cost advantage among software companies. Many think that the rentals in the city are on their way up and could be a big deterrent for further investment. Sunil Patil, president (Pune region), UBICS, a software company of the UB group, believes that the rentals may spoil the show. […]

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