Amit Wadhwani

Aug 22, 2024 | mondaq.com | Amit Wadhwani |Rahul Agarwal

On 31 July 2024, the Maharashtra Tax Laws (Amendment) Act, 2024 (Amendment Act) was passed, with a view to amend certain tax laws in the state of Maharashtra. The Amendment Act was passed to give effect to the proposals contained in the budget speech presented by the Government of Maharashtra for the financial year 2024-25. The Amendment Act amends the Maharashtra Stamp Act, 1958 (Stamp Act) and the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.

Aug 21, 2024 | lexology.com | Amit Wadhwani |Rahul Agarwal

INTRODUCTIONOn 31 July 2024, the Maharashtra Tax Laws (Amendment) Act, 2024 (Amendment Act) was passed, with a view to amend certain tax laws in the state of Maharashtra. The Amendment Act was passed to give effect to the proposals contained in the budget speech presented by the Government of Maharashtra for the financial year 2024-25. The Amendment Act amends the Maharashtra Stamp Act, 1958 (Stamp Act) and the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.

Feb 21, 2024 | mondaq.com | Amit Wadhwani |Rahul Agarwal

Background Under the statutory provisions of Real Estate (Regulation and Development) Act, 2016 (RERA) and in Maharashtra, also of Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA), a developer is required to convey title of the land, building and common areas within a stipulated time period, in favor of a co-operative housing society, a condominium of apartment owners or any other association / organization (Association)...

Jul 21, 2023 | ibef.org | Amit Wadhwani

2018 to witness a green revolution in realty and infrastructure As the Indian real estate and infrastructure sectors look towards a greener future, the investment opportunities are promising and plentiful. In recent years, India has emerged at the forefront in the global discussion to curb emissions of greenhouse gases.

Jun 28, 2023 | mondaq.com | Abhiraj Gandhi |Amit Wadhwani |Ketan Jikar

Introduction The Government of Maharashtra, as a part of its initiative towards ease of doing business, has by its Government Resolution dated 23 May 2023 ("GR") simplified the process relating to conversion of user of land from agricultural use to non-agricultural use or from one non-agricultural use to another non-agricultural use and at the same time, obtaining development permissions and approvals.