Madras HC refuses to overturn ruling on property guideline values, instructing the state government to adhere to 2017 values until revised by the valuation committee.

Delhi and Haryana villagers at Mahapanchayat warn of boycotting elections unless rural issues such as land rights, infrastructure, and ownership concerns are addressed.

edeveloped Flats Not Taxable Under Section 56, Rules ITAT In a significant ruling, the Mumbai Income Tax Appellate Tribunal (ITAT) has stated that homeowners receiving new flats in exchange for old ones under redevelopment agreements are not required to pay income tax under Section 56 of the Income Tax Act. This decision offers major relief to property owners involved in housing society redevelopment projects.

ly 2024, credit card spending in India saw a substantial increase, rising by 19% year-on-year to Rs 1.7 trillion, according to a report published by SBI Securities. This growth indicates a greater reliance on credit cards for transactions, suggesting increased consumer confidence and a shift in economic behavior.