Snehal khanna Blog

While talk of land bank monetisation has been around for over a decade, little has been done by way of a fully structured policy and its consequent implementation BUDGET NEWS  :           As India's Finance Minister is days far from offering finances 2018, there are two key issues that he should deal with to boost funding and growth inside the usa. they may be: Non-tax sales from land bank monetisation of public establishments, and complete tax-exempt status for profits from debt devices issued through actual property funding Trusts (REITs) and Infrastructure funding Trusts (InvITs) in India. The finances ought to pay attention to non-tax resources of revenues mainly that allows you to partially monetising the land banks of large public establishments consisting of the Indian Railways and the Airport Authority of India (AAI). Land bank monetisation solves two core problems for India -- lack of available land for inf...

The apex court, which held Mallya guilty of contempt of court, The transfer of $40 million Vijay Mallya had received from British firm Diageo to his three children reflected the beleaguered businessman's intent to put the funds beyond the reach of the courts, the Supreme Court has said. The apex court, which held Mallya guilty of contempt of court, said the $40 million fund, which was in his control, was completely covered and governed by the judicial orders directing him not to transfer, alienate or dispose of any movable and immovable properties till further orders. READ THIS: Indian Railways to add extra AC-3 coaches to clear summer rush "The explanation that the funds now stand transferred in favour of the trusts over which Mallya has no control at all, in fact, aggravates the extent of violation. It is clear that the funds which were in control of Mallya have now been sought to be put beyond the reach of the processes of court, which is reflective...