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Category: Must Knows

Home » Must Knows » Page 143

Taxation
By Sunita MishraFebruary 25, 2023

Income tax calculator: Step-wise guide to using an official tax calculator

What is an income tax calculator? The Income Tax Department’s income tax calculator is an online tool that helps you to arrive at your total tax liability. However, to use the tax calculator, the … READ FULL STORY

Home Loans
By Sunita MishraMay 19, 2022

PMAY subsidy: How does the credit-linked subsidy scheme for EWS and LIG work?

Under its Pradhan Mantri Awas Yojana, the central government has been offering PMAY subsidy to those building, constructing and buying homes in India. This guide will help you understand how the PMAY subsidy works … READ FULL STORY

Taxation
By Vinita MenonJune 27, 2022

What is long-term capital gain?

Capital gain refers to the profit that one earns through the sale of a capital asset, such as real estate, or even stocks or bonds. It is the difference between the selling price of … READ FULL STORY

Taxation
By Sunita MishraApril 4, 2023

Income tax: Your complete guide to income tax laws in India

What is income tax? Income tax is a direct tax that the government levies on the income of people and businesses during a financial year. Under the provisions of the Income Tax Act, 1961, … READ FULL STORY

Taxation
By Balwant JainJune 21, 2022

Here is why you should submit your IT returns (ITR) if you want a home loan

In addition to your basic KYC documents (like your proof of address and identity) and property documents (like chain of documents and title deeds of the land), the home loan lender asks you to … READ FULL STORY

Must Knows
By Anuradha RamamirthamMay 14, 2022

Tenant-landlord relationship: A quick guide

A tenant and a landlord have a symbiotic relationship. While the tenant expects attention to his queries and needs, the landlord wants his property to be safe and the rent to be paid on … READ FULL STORY

Must Knows
By Sunita MishraMay 13, 2022

How to use your provident fund to finance a home purchase

PF withdrawal for house purchase Salaried people, who are in the middle of arranging funds for their future home purchase have an additional avenue to fund their plan. They can withdraw from the balance … READ FULL STORY

Property Trends
By Sunita MishraApril 17, 2023

Prohibited Properties List: All you Need to Know

Recently, the Telangana government received a lot of public criticism for putting a large number of properties under its prohibited property category on its Dharani portal. According to media reports, more than 20 lakh … READ FULL STORY

Taxation
By Sunita MishraMay 22, 2022

Form 15G: Know how to use Form 15G and 15H to save TDS on interest income

Banks are mandated to deduct TDS on the interest income of a customer under Section 194A of the Income-Tax Act, even if an individual’s income does not fall under the taxable limit. However, the … READ FULL STORY

Legal
By Sunita Mishra and Dhwani MeharchandaniAugust 20, 2024

What are the different types of property ownership in India?

Broadly, a property could be owned in two ways – one can be the sole owner of a property or one can own it jointly along with another person. However, the joint ownership of … READ FULL STORY

Home Loans
By Sunita MishraSeptember 9, 2022

How to check ICICI Bank home loan status

ICICI Bank home loans are one of the most popular borrowing options, because of the attractive ICICI home loan interest rate. In case you have also applied for ICICI home loan, you can check … READ FULL STORY

Legal
By Sunita MishraMay 10, 2022

What is a title deed?

The term title deed, is often referred to as the sale deed. We examine whether the two things are one and the same. Documents that prove the buyer’s ownership over a specific immovable property … READ FULL STORY

Property Trends
By Sunita MishraApril 5, 2023

CG Bhuiyan: Everything you Need to Know

Citizens in the state of Chhattisgarh can access land records online through the CG Bhuiya portal, also referred to as cgbhuiya or CG bhuiyan. Discussed in this article are the various aspects of the … READ FULL STORY

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