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Category: Must Knows

Home » Must Knows » Page 73

Citizen Services
By Dhwani MeharchandaniJanuary 29, 2024

How to file character certificate application?

A character certificate, which may be issued by a government agency, the police, an organisation, or an individual, attests to the fact that the bearer has no criminal convictions, pending legal matters, or a … READ FULL STORY

Commercial Realty
By Sanskrati GuptaJanuary 29, 2024

Best IT parks in Coimbatore, Tamil Nadu

Coimbatore, also known as the “Manchester of South India,” is a city in Tamil Nadu that has a rich cultural heritage. Coimbatore is well-known for its textile industry, and it is surrounded by the … READ FULL STORY

Taxation
By Sunita MishraJanuary 29, 2024

How to pay property tax in Ghaziabad?

Payment of property tax is mandatory for all property owners in Ghaziabad. To enable easy payment of tax, the Ghaziabad Municipal Corporation (GMC) has put in place an online mechanism. Using the official website, … READ FULL STORY

Personal Finance
By Anil ShahJanuary 29, 2024

All about Infrastructure Development Charges (IDC)

Infrastructure development Charges(IDC) are a very common term in the real estate industry. This fee is charged to all real estate developers. These are imposed by local administrative bodies like municipalities. Usually, this fee … READ FULL STORY

Legal
By Dhwani MeharchandaniApril 9, 2024

What is the difference between a sale deed and a conveyance deed?

In real estate, several legal documents are pivotal in property transactions. Among them, the sale deed and conveyance deed play essential roles, each serving the purpose of transferring ownership rights. Despite the common goal, … READ FULL STORY

Taxation
By Dhwani MeharchandaniJanuary 26, 2024

How to pay property tax in Goa?

The effective functioning and progress of Goa relies on the active involvement of the state government. Central to its economics is the collection of property taxes for various property categories, such as residential, commercial, … READ FULL STORY

Taxation
By Sunita MishraJanuary 26, 2024

Types of taxes in India

Understanding income tax may feel daunting; however, knowing its various types would help understand the various ways in which your income can be taxed in India.   Types of taxes in India India has … READ FULL STORY

Legal
By Sunita MishraJanuary 26, 2024

Who is considered deemed owner of house property for tax calculation?

A taxpayer in India has to pay taxes under five heads of income, including income from house property. A person who legally qualifies to be the property owner is liable to pay taxes under … READ FULL STORY

Taxation
By Sunita MishraJanuary 26, 2024

How to calculate tax relief on salary arrears under Section 89(1)

Under the income tax laws in India, salary is taxed either on a due basis, or a receipt basis, whichever is earlier. But, on certain payments made in the current year that were due … READ FULL STORY

Legal
By Sunita MishraJanuary 26, 2024

What is the punishment for submitting a fake rent agreement to claim HRA?

To claim tax deductions against the house tax allowance component of your salary, you are required to submit proofs by way of rent receipts and rent agreements. However, it is a common practice in … READ FULL STORY

Taxation
By Shimon OberoiJanuary 26, 2024

How to download ITR acknowledgement in 2024?

Filing your income tax return is a methodical process that extends beyond merely determining your annual tax liability and submitting the ITR-V form. This article guides you to download ITR acknowledgement. After diligently calculating … READ FULL STORY

Property Trends
By Anuradha RamamirthamJanuary 25, 2024

Landmark projects by Larsen & Toubro

Larsen & Toubro (L&T), is an Indian multi-national company that was established in 1946 in Bombay, now Mumbai. This 77-year old company has been responsible for the construction of many landmark projects in the … READ FULL STORY

Taxation
By Sanskrati GuptaJanuary 25, 2024

Understanding residential status in India with tax laws

With regard to income taxation, a classification of a person’s residency status is an essential factor that determines the scope of their tax obligations within a nation. Understanding this status is similar to opening … READ FULL STORY

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