Latest Realty News

Decision to blacklist Cyprus for not providing tax data will hit developers and realty funds
Feb 06, 2014
MUMBAI/BANGALORE: India's recent decision to blacklist Cyprus for not providing tax data will hit developers and realty funds. Investors who have routed their funds through Cyprus are likely to face a big decline in returns as developers will now be expected to withhold higher tax amounts. So far, these investments were structured around 10% withholding tax, which is likely to jump to 30%.

Latest Realty News Of State

Realty Talk's