eCharcha.Com   Support eCharcha.Com. Click on sponsor ad to shop online!

Advertise Here

Go Back   eCharcha.Com > Current Affairs > Economy

Notices

Economy Fiscally fit?

Closed Thread
 
Thread Tools Display Modes
  #1  
Old October 4th, 2008, 12:45 AM
ClaraPopy ClaraPopy is offline
Junior eCharchan
 
Join Date: Oct 2008
Posts: 1
ClaraPopy is on a distinguished road
Lightbulb Plans of state government

Investors in Indian stocks are dumping cement stocks, fearing over-capacity and subdued demand. The production growth will also slow down to 11 percent, or 7 million tones, from 32 percent a year ago. The cement prices are under pressure as fresh capacities are being added without a pick-up in demand. Some similarities include a variety of legal formalities with professionals such as real estate agents generally employed to assist the buyer; taxes need to be paid but typically less; legal paperwork will ensure title; and a neutral party such as a title company will handle documentation and monies in order to smoothly make the exchange between the parties. One important difference is that each country has rules regarding where foreigners can buy. There are also different special rules regarding certain types of property: ejidal land communally held farm property can only be sold after a lengthy entitlement process, but that does not prevent them from being offered for sale. Real estate agents do not need a license to operate, but the transfer of property requires a lawyer.

The State Government plans to discuss in the State Cabinet a comprehensive legislation for the protection of paddy fields, prevention of indiscriminate sand-mining from rivers and filling up of water bodies. Builders in Tripunithura on the other hand would like to see a more nuanced policy that allows for development of land in urban/semi-urban areas where agriculture is not viable. The Kerala Government is also considering review of guideline land prices that are used as a basis for calculation of registration charges while at the same time reducing stamp duty possibly to as low as 5%. With land prices having increased substantially, the fair-value of land need to be corrected as the government is currently losing crores of rupees in taxes due to undervalued land. The Government also plans to raise Rs. 25 crore in Revenue through assessment of building tax on properties throughout the state that are not currently paying the compulsory tax.



  #2  
Old October 4th, 2008, 12:42 PM
echarcha's Avatar
echarcha echarcha is offline
Sutradhar {admin}
 
Join Date: Jul 2000
Location: CA, USA
Posts: 45,338
echarcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond reputeecharcha has a reputation beyond repute
Re: Plans of state government

Clever way to advertise your site, you freeloader! Fuck off. Banned!
__________________
eCharcha.com
-Loud and Proud Desi Opinions
Closed Thread

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Corrupt UPA Government. AmthaLal Indian Politics 3 March 26th, 2009 02:47 PM
India's government has a new foe echarcha Indian Politics 3 August 27th, 2005 06:05 AM
How the government will run. GpeL Indian Politics 6 June 6th, 2004 09:25 AM
Government Sops viking Indian Politics 43 November 10th, 2001 11:54 AM
State Reorganisation Bills! I want a Mumbai State echarcha Indian Politics 0 August 9th, 2000 12:16 PM


All times are GMT -7. The time now is 05:57 AM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Site Copyright © eCharcha.Com 2000-2012.