Iowa Plan of Acquisition
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FAQ
Section 194LA provides that where any immovable property, other than agricultural land, is compulsorily acquired under any law in force, the person responsible for paying any sum to a resident by way of compensation or enhanced compensation is required to deduct tax.
As per the information gathered from the National Highways Authority of India (NHAI), the average cost of land acquisition was about Rs. 80.00 Lakh per Hectare before 01.01. 2015, which has now gone up to about Rs. 3.60 crore per Hectare.
Land purchase in India is hindered by issues such as the loss of livelihoods, compensation provided during the acquisition process, and socio-cultural norms of land ownership, which in turn contribute to the country's sluggish infrastructure growth and economic expansion.
Explanation: Section 194LA provides that where any immovable property, other than agricultural land, is compulsorily acquired under any law in force, the person responsible for paying any sum to a resident by way of compensation or enhanced compensation is required to deduct tax.
Iowa Code 318.3 prohibits the cultivation or growing of crops within the highway right-of-way. All roadways are included. Right-of-Way is defined as the total area of land, whether reserved by public ownership or easement; that is reserved for the operation and maintenance of an established public roadway.
Right to acquire and hold property is no longer a fundamental right as that right enshrined in the constitution has been abrogated/removed.So, Goverment whether state or central , can take private land against the will of the owner,but as per law declared by supreme court of India,the state or centre whichever acquires ...
