INFRA

While the cosmetics market and its customers wrestle with new age-defying and age-reversing concepts and products, there is one market segment that has actually discovered the fountain of youth. Over the three decades, the grey has been gradually leaching out of the Indian home buyer's profile, leaving full heads of natural black hair and unwrinkled faces in its wake.

Gone are the days when only the elderly could or would buy homes on the back of their life savings. Thirty years ago, the typical Indian home buyer was invariably aged above 50 and cashed in his or her provident fund to finally make the dream of homeownership come true.  

New Delhi: The government has warned builders of stringent action for asking customers to make entire payment before July 1, the day of GST roll out. It asked them to pass on the benefits of lower tax under the new regime by way of reduced prices or installments.
In a release issued in New Delhi, the Finance Ministry said that construction of flats, complex, buildings will have a lower incidence of Goods and Services Tax as compared to a plethora of central and state indirect taxes suffered by them currently.

Over the last few decades, India has undergone rapid industrialization - predominantly in the manufacturing ‘clusters’, most of which thrive in and around the metropolitan cities of the country. Some of the prime movers for this rapid growth have been the steady increase in per capita income propelling urbanization, and the accurate perception of India as a hub for cost-effective manufacturing.

aid at each stage of production or service delivery can be availed in the succeeding stages of value addition. This makes GST fundamentally a tax only on value addition at each stage.
This means that the end consumer will thusThe switch-over to the GST regime is undoubtedly one of the biggest tax reforms in post-independence India.  From July 1 2017, GST effectively cuts through a confounding Gordian knot of taxation complexity in the country. In other words, it replaces the multiple taxes levied by the central and state governments and will become subsumed of all the indirect taxes, including central excise duty, commercial tax, octroi tax/charges, Value-Added Tax (VAT) and service tax.

New Delhi: While news of Metro breakdown make to newspapers, other woes related to city transport system seldom get reported. On one hand technical glitches in Metro lines seem to have become a regular affair for commuters using the corridor; on the other side, the story of other modes of the transport is no better.

Delhi is growing extremely fast with separated zones for living, working, studying, shopping and leisure. As a result, people need to travel fairly long distances requiring them to use motorised vehicles. They are bound to share auto-rickshaws, cabs, DTC buses and e-rickshaw rides in hazardous conditions.  

With the advent of e-commerce in India, shopping converged into mobile devices in the form of websites and/or apps. At the click of a button, one could buy groceries, apparel, electronics and almost everything else. For a while, it appeared that ‘couch potato shopping’ was a real threat to physical retail, and that shopping malls will run out of business.

That has not happened – in fact, shopping malls are witnessing a visible resurgence in India. A clear measure of increasing focus on the retail sector is that private equity (PE) players invested more than $700 million into Indian retail in Q1-Q3 2017 itself - around 90% of the investments that came in during the past two years (2015 and 2016).