TREMENDOUS LOOTING OF BUILDERS UNDER THE PROTECTION 0F RERA, INCOME TEX THEFT WORTH CRORES RAMPANT BY BUILDERS
TREMENDOUS LOOTING OF BUILDERS UNDER THE PROTECTION 0F RERA INCOME TEX THEFT WORTH CRORES RAMPANT BY BUILDERS CHHOTA AKHBAR. To protect against looting by builders and land mafia, the Government of India implemented the Real Estate Regulatory Authority (RERA) Act in 2016 so that the interests of house and land owners can be protected under the supervision of RERA. It is a matter of regret that the RERA authority, which was responsible for stopping looting, has itself become a huge den of loot today. As a result, under the protection of RERA, builders are mercilessly squeezing people who are waiting for houses. Due to the negligence and indifference of RERA, the arbitrariness of the builders has increased and they are not only defrauding the home owners, besides saving thousands of crores of rupees of income tax every year, they are throwing dust in the eyes of the Income Tax Department. During the time of retired IAS and former Chief Secretary Nihal Chand Goyal, builders go