RBI asks banks to sell immovable assets from bad loans within 7 years

Banks must dispose of immovable assets acquired in satisfaction of bad loans within seven years through public auction under ...
Business Line

Dealing with immovable assets acquired as part of recovery: RBI proposes maximum 7-year holding period

https://www.thehindubusinessline.com/money-and-banking/dealing-with-immovable-assets-acquired-as-part-of-recovery-rbi-proposes-maximum-7-year-holding-period ...
Business Recorder

Taxation of immovable property

The National Assembly through the Finance Act 2012 amended section 37(5) of the Income Tax Ordinance, 2001 [“the Ordinance”] and for the first time levied capital gains tax (CGT) on disposal of ...