Latest StoriesRegulatory

Cuttack housing project faces ₹10 crore unpaid GST liability

BHUBANESWAR: The commissionerate of commercial tax (CT) and GST in Cuttack has identified an outstanding GST liability of approximately Rs 10 crore related to a significant housing project undertaken by a promoter in collaboration with the Cuttack Development Authority (CDA). This amount pertains to unpaid taxes on the transfer of development rights (TDR) for a land parcel designated for private development. Investigators noted that while other dues have been cleared, this liability remains unsettled. As detailed in the tax evasion report, the project operates under a joint development agreement, where the developer has built affordable housing consisting of 550 units…

Latest StoriesResidential

Andhra CM Aims for 17 Lakh Houses in Three Years

File Photo VIJAYAWADA: On Friday, Chief Minister N. Chandrababu Naidu announced an ambitious goal of completing 1.7 million houses within three years under the Housing for All initiative and urged officials to expedite the construction process. He proposed that mass housewarming ceremonies be organized every three months, commencing from Ugadi, with an objective of conducting 500,000 housewarmings quarterly. While reviewing the progress with TIDCO and Housing Department officials, Naidu reaffirmed the coalition government’s vow to fulfill its election promise of providing a house to every eligible family by 2029. “Since assuming power, we have initiated the construction of 2 million…