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Home buyers to bear brunt of service tax hike
www.indianexpress.com
[Indian Express] - According to Anshul Jain, CEO of DTZ India, the hike in service tax is bound to raise the cost of an Rs 75 lakh apartment by Rs “Increase in service tax is going to further increase the overall burden on the home buyers of mid and high segment,”
Housing & real estate, telecom negatives present challenges
www.business-standard.com
[Business Standard] - Anshul Jain, chief executive, DTZ India, a global real estate consultancy, agreed. He said, “Definitely, there is cause for worry. Real estate is second only to the agricultural sector, in terms of employment generation. Till the time interest rates do
ONGC enters semis
www.indianexpress.com
[Indian Express] - MoM: Sohail Sharma; AIR INDIA 136 (Deepak Joon 72, NSNegi 3 for 7, Sunil Upadhaya 2 for 28) lost to BSNL 140 for 3 in overs (Anshul Kapoor 81, Niranjan Behara 22) MoM: Anshul Jain ( BSNL); Plate Group: At RCF: AAI 92 (Sadid Farooq 31
High house rents may draw service tax
www.business-standard.com
[Business Standard] - Anshul Jain, CEO of DTZ (India), says there is lack of clarity on whether putting immovable property on rent for residential purposes comes under service. “But since the amount of rental per month, that will be under the purview of this legislation
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