MCHI NEWS

Maharashtra: Now, pay 6% stamp duty on property deals

Publication: DNA Date : 12 FEBRUARY 2019

Mumbaikars will have to pay 1 per cent stamp duty surcharge in addition to the existing 5% stamp duty on property transactions, effective February 8.

Development finance cos get push from FM

Publication: TIMES OF INDIA Date : 12 FEBRUARY 2019

Mumbai: Finance minister Piyush Goyal has said that development finance institutions (DFIs) are a “pressing need of the of the hour”

INFRA NEWS

Wadala is on way to better connectivity, may get linked to BKC’s elevated road

Publication: HINDUSTAN TIMES Date : 08 FEBRUARY 2019

In a boost to connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) plans to extend the currently under-construction Bandra-Kurla Complex-Chunabhatti elevated road till Wadala.

BKC-Chunabhatti elevated road to be extended to Wadala: MMRDA

Publication: DNA Date : 12 FEBRUARY 2019

Aiming to have direct connectivity between Bandra-Kurla Complex (BKC) and Wadala, the Mumbai Metropolitan Region Development Authority (MMRDA)

CITY NEWS

Stamp duty on property deals in city now raised to 6 per cent

Publication: MUMBAI MIRROR Date : 12 FEBRUARY 2019

Additional 1 per cent stamp duty surcharge will be applicable effective Feb 8; state govt wants to finance major Mumbai infrastructure projects like Metro

REALTY NEWS

Selling many flats to buy one? You can get tax benefits: ITAT

Publication: TIMES OF INDIA Date : 12 FEBRUARY 2019

Mumbai: In a landmark decision, the Income Tax Appellate Tribunal (ITAT) has held that a taxpayer can avail of tax benefits where long-term capital gains (LTCGs)