Three-and-four-storey buildings in Noida may soon start building lifts with the Noida authority giving an approval to a proposal to this effect in its December 2022 board meeting, The Times of India reported. A … READ FULL STORY
State governments are obligated to inform all parties with an interest in land or property at the time of its acquisition, the Dharwad Bench of the Karnataka High Court (HC) has ruled. While giving … READ FULL STORY
Is a large part of your salary getting deducted in taxes since you stay with your parents or other family members and you are not able to claim HRA (house rent allowance) exemptions? The … READ FULL STORY
Liens are legal claims over assets that forbid sale of the said assets until the loan obligation is paid off. The assurance that liens provide is beneficial for the lenders. Certain liens, such as … READ FULL STORY
You may have head of the term mamlatdar oftentimes, especially in reference to revenue and land matters in Gujarat, Maharashtra and Goa. In Gujarat. For instance, to apply for a legal heir certificate, citizens … READ FULL STORY
Notarised documents are a great way to prove you were at the same place and time as your notary public. They’re also instrumental in verifying that your documents are genuine and haven’t been altered. … READ FULL STORY
The name makes it obvious to a discerning buyer. While a sale deed is executed to formalize property sale, a gift deed is executed if the same property has to be gifted. However, a … READ FULL STORY
The Supreme Court on January 2, 2023, upheld the Centre’s decision to demonetise currency notes of Rs 500 and Rs 1000 denominations in 2016. Being the Executive’s economic policy, the note ban move cannot … READ FULL STORY
The managing committee of a housing society has the responsibility to issue share certificates. Just like the sale deed is an important document that the rightful owner of a property has in their possession, … READ FULL STORY
The National Company Law Appellate Tribunal (NCLAT) has set aside a 4-year-old order by the Competition Commission of India (CCI) in which the latter had provided relief to real estate developer DLF and its … READ FULL STORY
Property gifted to mother for a negligible amount of Rs 5 lakh would not amount to as gifting, the Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has ruled. In its order dated … READ FULL STORY
The Centre is mulling changes in the insolvency law for faster wrapping up for builder insolvencies, reported US news agency Bloomberg. According to the report, which quoted unnamed sources, the changes in the Insolvency and Bankruptcy Code (IBC) … READ FULL STORY
Thousands of financial institutions make up India’s extensive banking system. Every day, millions of transactions are completed, with amounts varying widely by region and culture. So, recording the trades is crucial. Reserve Bank of … READ FULL STORY
