The Reserve Bank of India (RBI) has recently implemented regulatory measures aimed at addressing the rapid growth in consumer credit and the increasing dependency of Non-Banking Financial Companies (NBFCs) on…
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FinanceRBI
RBI IMPLEMENTS STRICTER MEASURES ON CONSUMERCREDIT AND NBFCS
by Taxchanakyaby Taxchanakya -
‘Home’ brings to mind comfort, joy, pride and family time. Every homeowner will tell you that her home gives her a sense of identity and its ownership is sacrosanct; this is…
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FinanceRBIReal Estate
The Insolvency and Bankruptcy Board of India (IBBI) proposes changes to rules for insolvency resolution process in Realty Projects
by Taxchanakyaby TaxchanakyaThe Insolvency and Bankruptcy Board of India (IBBI) has proposed five broad changes, including operating a separate bank account for each real estate project, executing registration/sublease deeds with approval of…
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RBI
RBI Permits Non-resident Investment in Government-issued SGBs via ‘Fully Accessible Route’ for F.Y. 2023-24
by Taxchanakyaby TaxchanakyaThe Reserve Bank of India (RBI) has recently issued a circular (RBI/2023-24/81) expanding investment opportunities for non-residents in the Government Securities market. The circular, dated November 08, 2023, includes Sovereign…
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Budget 2022 has introduced the new section 139(8A) in Income Tax Act, 1961. Refer budget update @Â Introduction of new Income Tax ‘Updated’ Return Type. Section 139(8A) enables the filing of…
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Real Estate
Landmark Judgment by Supreme Court of India on Adverse Possession: Govt. Of Kerala vs Joseph on 9 August, 2023
by Taxchanakyaby TaxchanakyaSupreme Court, in its recent decision of Government of Kerala & Anr. V. Joseph and Others discussed several principles concerning the adverse possession. When Adverse Possession Is Claimed Over Government…
