The Confederation of Real Estate Developers’ Associations of India has expressed deep concerns over the government’s proposal to impose an 18% Goods and Services Tax on Floor Space Index and additional FSI premiums. The proposed GST on FSI premiums, they warned, could further escalate property prices by 7-10%, jeopardising affordable housing projects. “The proposed GST could make homeownership more expensive …
Oil pumpjacks bob in a petroleum field in Kern County. According to the report, which covered insurance companies operating in California subject to regulation, more than $536 billion were invested in fossil fuels in 2019. A new report from California’s insurance commissioner shows how much insurance companies are investing in fossil fuels in a continual effort to address the insurance …