House rent allowance (HRA) is almost always an integral part of a company’s salary structure. Employers expect the employee to spend this amount, towards meeting his accommodation requirements. Unless the employee proves that he … READ FULL STORY
In the last one month, home loan interest rates have touched new lows. Presently, the home loan interest rate has come down to as low as 6.65%. Most of the banks are now offering … READ FULL STORY
Not only does a false ceiling lend a visually appealing look to your kitchen, it also gives you the advantage of uniform lighting. This ensures that the kitchen does not look dim in one … READ FULL STORY
With an aim to ensure planned development in the central Indian state of Madhya Pradesh (MP), the Directorate of Town and Country Planning in MP came into being. Governed under the MP Nagar Thata … READ FULL STORY
Property purchases undergo a lot of procedural stages, before reaching its logical conclusion. At every stage, the buyer and the seller try to formalise the process, by way of providing documentary support for the … READ FULL STORY
In 2000, the Karnataka government launched Bhoomi RTC online portal, with an aim to digitise land records and make it easy for landowners to search for detailed information. The portal lists record of rights, … READ FULL STORY
Since home ownership may sometimes be inconvenient or unaffordable, a majority of the migrant working population in India’s major cities live in rented homes. For this, the tenant signs a rent agreement with the … READ FULL STORY
It is a proven fact that colours have a significant psychological effect on people. A home is a place where a person spends a major part of one’s life. As specific colours stimulate distinctive … READ FULL STORY
Among the many taxes that home buyers have to pay on property purchase is the Goods and Services Tax or GST on flats. Many changes have already been made in this tax regime, in … READ FULL STORY
Gujarat has led the way, when it comes to infrastructure and economic development. Its online land record system is also winning accolades from the government of India. Also known as E-Dhara, the land record … READ FULL STORY
Like all sorts of income, profits made by way of business activities are taxed under the income tax laws in India. As is true of all incomes, the tax payer also enjoys a variety … READ FULL STORY
There is a reason why Gurugram, once a small town in Haryana, has undergone a tremendous change over the past three decades, something that its neighbours have not been able to achieve. Infrastructure growth … READ FULL STORY
The Indian Accounting Standard (Ind-AS) provides business entities in the country with a standardised format, to prepare and review financial statements. These rules, which were notified by the Corporate Affairs Ministry in 2015, also … READ FULL STORY
