NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
EXEMPT INCOME Saturday Brain Storming Thought (287) 09/08/2025 Saturday Brain Storming Thought (287) 09/08/2025 Exempt Income Exempt Income are the incomes that are not chargeable to tax as per Income Tax Act, ie they are not included in the total income for the purpose of tax calculation while taxable incomes are chargeable to tax as […]
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INSURABLE VALUE Saturday Brain Storming Thought (286) 02/08/2025 Insurable Value is the monetary worth of an asset that is used to determine the appropriate coverage amount in an insurance policy It represents the maximum amount an insurer is willing to pay out of the insured property is damaged or destroyed The value is crucial for
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THE BOMBAY MONEY LENDERS ACT Saturday Brain Storming Thought (285) 26/07/2025 The Bombay Money Lenders Act, enacted in 1946, regulates and controls money lending activities within Maharashtra State (formerly Bombay) It requires money lenders to obtain a licence, restricts the areas where they can operate, and sets limits on the maximum interest rates they can
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HIBA AS PER MUSLIM LAW Saturday Brain Storming Thought (280) 21/06/2025 In Muslim Law, Hiba, also known as a gift, is a voluntary and unconditional transfer of property from one person to another, without any expectation of a return It is a legal concept deeply rooted in Islamic Jurisprudence, emphasizing the importance of generosity and
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UNDERSTANDING INAM AND VATAN LANDS IN MAHARASHTRA HISTORICAL LEGACY, LEGAL FRAMEWORK, AND VALUATION IMPLICATIONS By CEV Valuation Insights Bureau Introduction Inam and Vatan lands are unique remnants of India’s pre-colonial and colonial agrarian systems. These land categories originated from the practice of rewarding individuals for service to the state or community, rather than through purchase.
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RUMALI VATANI IN LAND DIVISION: A CRUCIAL FACTOR IN PROPERTY VALUATION By Er. Sundeep Bansal, Real Estate Analyst & Valuation Expert The land tenure system in India, especially in Maharashtra, is a complex interplay of historical grants, socio-economic purpose, legal reforms, and administrative classification. Among the various forms of tenure, Rumali Vatani (Inam/Vatan Lands) represents
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FLATTED DEVELOPMENT Saturday Brain Storming Thought (277) 31/05/2025 Flatted Development, or the construction of apartment buildings, is a significant aspect of urban development in Maharashtra, particularly in cities like Mumbai, Pune and Nagpur The Maharashtra Government has actively promoted this type of development through various initiatives, including affordable housing schemes and redevelopment projects Key Aspects
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PLOTTED DEVELOPMENT Saturday Brain Storming Thought (276) 24/05/2025 Plotted Development refers to a real estate concept where a large plot of land is divided into smaller, individual plots, which are then sold to buyers who can construct their desired homes or buildings on them Essentially, developers provide the land and the basic infrastructure, while homebuyers
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PRODUCTION LINKED INCENTIVE (PLI) SCHEME Saturday Brain Storming Thought (275) 17/05/2025 The Production Linked Incentive (PLI) scheme is a government initiative in india that offers financial incentives to domestic companies to boost local manufacturing in specific sectors These incentives are linked to the incremental increase in production and sales, encouraging companies to invest in technology
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Saturday Brain Storming Thought (274) 10/05/2025 TOTAL ADDRESSABLE MARKET (TAM) Total Addressable Market (TAM) represents the maximum potential revenue opportunity for a product or service, as suming 100% market share It essentially defines the broadest possible scope of a business’s opportunity ATM helps businesses understand the potential size of the market they could capture if
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Saturday Brain Storming Thought (273) 03/05/2025 SLUMP SALE Slump Sale is one of the methods of business restructuring Under this method, certain assets and liabilities are sold together for a lump sum sale consideration without determining the individual values of assets and liabilities sold Key Takeaways of Slump Sale 1) Slump Sale means the transfer
Saturday Brain Storming Thought (272) 26/04/2025 LEAN MANAGEMENT Lean Management is a systematic approach to optimizing business processes by identifying and eliminating waste, increasing efficiency and improving overall performance Lean Management focuses on creating value for the customer by streamlining workflows, reducing costs and enhancing quality The core principle is continuous improvement, encouraging all employees