Union cabinet approves amendements in Land Acquisition Act

By Accommodation Times News Services The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved certain amendments in the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. The Act came into effect from 01.01.2014 but it has been reported that many difficulties are

Land Acquisition Bill

By Accommodation Times News Service Land Acquisition Bill Foreword Land acquisition in the country has been a matter of debate and concern. This is mainly due to the following reasons: Land acquisition has till now been governed under a very old law. This old law resulted in indiscriminate land acquisition by the

Land Acquisition (Companies) Rules, 1963

By Accommodation Times News Service In exercise of the powers conferred by section 55 of the Land Acquisition Act 1894 (1of 1894), the Central Government hereby makes the following rules for the guidance of the State Government and the Officer of the Central Government and of the State Governments, namely :— 1.

Can company buy Agricultural Land?

By Accommodation Times News Service Pvt. LTD. COMPANY CAN CERTAINLY BUY AGRICULTURAL LAND 1. A Pvt. Ltd. company CAN CERTAINLY BUY AGRICULTURAL LAND and develop and perform agricultural activities on it, BUT SUBJECT TO the approved provisions of articles and the Memorandum of the pvt.ltd and MUST be approved by the

Non- Agricultural Permissions

By Accommodation Times News Service It is the Permission granted for conversion of agricultural use for various non agricultural uses for the land assessed on used for agricultural purpose. In a simplified version it is just the “CHANGE IN USE” of the land. If the land is assessed or held for

Land Acquisition Act

By Accommodation Times New Service When Land is required for public purpose, land will be notified for acquisition under the Land Acquisition Act 1894 and other relevant laws. Land is generally acquired by the government under the following Acts: i.  Land Acquisition Act, 1894 ii.  Bangalore Development Authority Act, 1976 iii.Karnataka Acquisition


By Accommodation Times News Service By CA VIMAL PUNMIYA Amendment in definition of Agriculture land By Finance Bill-2013-14 By the provision of “Sec.2(14) Capital Asset”, Rural agriculture land was exempt from capital gain. For being rural agriculture land, land must be satisfied certain condition laid down in section 2(14).The Finance Minister

Land Revenue Administration

By Accommodation Times News Service History: - The history of Land Administration dates back to the olden days of kings and Kingdoms. The Land Revenue was the major source of revenue for the kings. The prosperity of the kingdom was depending upon levy of tax and its recovery. The Minister of

What sort of Property is yours: Freehold or Leasehold?

By Accommodation Times Bureau These days’ people are quite confused between Freehold property and Leasehold property. In real estate, the words Freehold and Leasehold are very important. These word the status of one’s ownership. Both the words applies to all sort of properties- a plot, a building constructed on that plot, flats by different