Ahead of the government’s plans to roll out the Karnataka Apartment Bill, 2025, a proposed law aimed at safeguarding the rights of apartment owners and residents, Bengaluru homebuyers have written to the state government seeking urgent action on long-pending regulatory gaps. These include clarity on the competent authority for registering resident welfare associations, the mandatory […]
Builders continue to ‘brazenly’ exploit homebuyers with project delays, fund mismanagement, and repeated violations of agreements, often under the watch of RERA authorities. The Supreme Court has repeatedly flagged such lapses, noting that despite having wide powers to investigate, penalize, and issue binding orders under the RERA Act, many authorities remain ‘passive spectators’. This raises […]
Apple Inc. is lobbying the Government of India to modify its income tax law to ensure that the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers. That, Apple believes, hinders expansion in its fastest growing market. Apple’s contract manufacturers Foxconn and Tata have pumped in billions of […]
