The Pune real estate market recorded 185,657 property registrations in 2025, a 2.3% year-on-year (YoY) decline from 190,025 in 2024. On the other hand, stamp duty collections stood at ₹7,119 crore in 2025, a marginal increase from ₹7,098 crore in 2024, according to data from the Inspector General of Registration and Controller of Stamps, Maharashtra. […]
NEW DELHI: A sustained low in international oil prices has led to a surge in profits for state-run fuel retailers, prompting the government to consider mopping up these windfall gains through a levy to build a cushion in the event of a future spike in crude prices—a scenario many see as plausible given global geopolitical uncertainty. Refiners […]
The Uttar Pradesh cabinet on Tuesday approved a proposal for a major reform simplifying intra-family transfers by extending the stamp duty relief to gift deeds among family members even for commercial and industrial properties. Chief minister Yogi Adityanath presided over the meeting of the UP cabinet that approved 13 proposals. (HT file) Chief minister Yogi […]
The government has imposed additional excise duty on tobacco products like cigarettes, effective 1 February 2025. That pulled down stocks of ITC and Godfrey Philips. Image for representational purposes only. (Pixabay) This is a developing story. More to come. Source link
IndiGo has announced pilot salary hikes across duty types, less than a month after a crucial change in roster norms crippled operations of India’s largest airline. The changes are effective 1 January 2026. An IndiGo aircraft. (Reuters) The airline operated by InterGlobe Aviation Ltd. has announced revised pilot salary for domestic layovers, deadhead, overnight flights […]
Pune’s residential real estate market recorded more than 14,000 property registrations in November 2025, generating over ₹565 crore in stamp duty revenue for the Maharashtra government, according to Inspector General of Registration (IGR) data accessed by Knight Frank India. Pune saw over 14,000 property registrations in November 2025, generating ₹565 crore in stamp duty, according […]
Mumbai real estate market has so far recorded 12,219 property registrations in November, marking a 20% year-on-year (YoY) increase. Stamp duty collections touched ₹1,038 crore, up 12% YoY, according to Maharashtra IGR data. Mumbai property registrations: The city has so far recorded 12,219 property registrations in November, marking a 20% year-on-year (YoY) increase. (Photo for […]
The Maharashtra Real Estate Appellate Tribunal (MREAT), while directing a developer to refund more than ₹2 crore to a homebuyer for delayed possession, held that buyers cannot seek a refund of GST, stamp duty, registration fees, TDS, MVAT, or similar government levies from developers. Delayed possession: The Maharashtra Real Estate Appellate Tribunal ruled that homebuyers […]
Sridhar Vembu, the founder and former chief executive officer of Zoho Corp., advises young entrepreneurs to marry and have children early in life, as “a demographic duty to society”. Zoho Corp founder and former CEO Sridhar Vembu. (Image via Twitter) “I advise young entrepreneurs I meet, both men and women, to marry and have kids […]
Pune’s real estate market saw 12,693 property registrations in October 2025, generating stamp duty collections of ₹527 crore. Registrations fell 39% YoY, and revenue dropped 30%, primarily due to a high base effect. Pune’s real estate market saw 12,693 property registrations in October 2025, generating stamp duty collections of ₹527 crore (Photo for representational purposes […]
