Govt is likely to bring in the Registration (Amendment) bill in the next Parliament session to make Aadhaar or PAN mandatory, a move it hopes will check benami property transactions.
Elites view encroachers as disruptors of property rights system, and oppose regularisation. But that’s what India needs to free up capital held in slums.
The last Nizam’s legacy is also being torn apart by the BJP, which has turned him into a devil because of the Razakar violence. It’s a selective Right-wing reading of history.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
The best solution to cut benami/fraudulent/corrupt property transactions is to establish land exchanges that work on similar lines as stock exchanges using unique property identity codes (UPICs) based on GPS technology and list the ownership to individual property demat accounts and bank accounts. This will ensure full transparency of land deals through the highest bidder and collection of taxes at source based on transaction value both for sales/leases of properties. We have the technology and the talent but need to find the political will that is sadly spent on misplaced priroties that serve political interests rather than the greater common good of the society.
The best solution to cut benami/fraudulent/corrupt property transactions is to establish land exchanges that work on similar lines as stock exchanges using unique property identity codes (UPICs) based on GPS technology and list the ownership to individual property demat accounts and bank accounts. This will ensure full transparency of land deals through the highest bidder and collection of taxes at source based on transaction value both for sales/leases of properties. We have the technology and the talent but need to find the political will that is sadly spent on misplaced priroties that serve political interests rather than the greater common good of the society.