Real Estate Mumbai
9% Yields vs. 100% Penalty: Navigating FEMA Rules in Overseas Property Investments
Explore the risks and rewards of investing in overseas property, particularly in Dubai, and how to stay compliant with India's foreign exchange laws.
Real Estate
ED Unveils Rs 80 Crore Hidden Assets of Himachal Entrepreneurs
The Enforcement Directorate's probe has uncovered significant foreign assets, including luxury real estate and financial interests in overseas firms, valued over Rs 80 crore, belonging to Himachal Pradesh-based entrepreneurs.
Real Estate
ED Raids Imperial Group, Seizes Evidence of Un disclosed Foreign Assets Worth Over Rs 80 Crore
The Enforcement Directorate (ED) conducted search operations at six premises linked to Delhi-based Imperial Group chairman Manavinder Singh, uncovering undisclosed foreign assets worth over ₹80 crore. The assets were traced to companies in Singapore, Dubai, and Thailand, raising concerns over financial irregularities.
real estate news
Enforcement Directorate Conducts Raids on BPTP Realty Group in Delhi-NCR
The Enforcement Directorate (ED) has launched searches at various premises of the real estate company BPTP across Delhi-NCR, as part of a foreign exchange violation case involving funds of about ₹500 crore.
Real Estate
Enforcement Directorate Conducts Raids on Real Estate Firm BPTP in Delhi-NCR
The Enforcement Directorate (ED) has conducted searches across Delhi-NCR on premises related to real estate firm BPTP as part of a foreign exchange violation case involving funds of about ₹500 crore.
Real Estate
ITAT Allows Foreign Exchange Loss as Revenue Expenditure in Real Estate
The Income Tax Appellate Tribunal (ITAT) in Mumbai has ruled that a foreign exchange loss of Rs. 1,12,449, arising from consulting charges paid to foreign parties, should be allowed as deductible expenditure rather than being capitalized to project costs.
real estate news
Addressing Gaps in India's Foreign Exchange Control: Bharti Real Estate CEO
Bharti Real Estate CEO highlights the need to address gaps in India's Foreign Exchange Control (FEC) to enhance real estate investments and economic growth.
Real Estate Mumbai
India's Forex Reserves Surge to $677.84 Billion: A Closer Look
India's forex reserves have seen a significant rise, increasing by $1.57 billion to reach a total of $677.84 billion. This growth signals a robust economic foundation and stability in international trade.
Real Estate Mumbai
Indian Rupee Gains 5 Paise Against US Dollar
The Rupee on Monday gained 5 paise at 83.42 against USD on selling of US Dollar by bankers and exporters dealers at the Foreign exchange.