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Category: Must Knows

Home » Must Knows » Page 19

Current News
By Harini BalasubramanianFebruary 11, 2025

Budget 2025: Govt’s push for infra with focus on PPP, key outlay for states

February 1, 2025: Termed as the people’s budget by Prime Minister Narendra Modi with major tax reliefs, the Union Budget 2025-26 was presented by Finance Minister Nirmala Sitharaman today with key announcements to boost … READ FULL STORY

Legal
By Anuradha RamamirthamAugust 8, 2025

Gift Deed 2025: Registration, format, stamp duty and documents required

A gift of property is giving ownership of one’s property to anyone through a gift deed. Gifting a property through a gift deed to a near and dear one, has certain monetary implications that … READ FULL STORY

Legal
By Anuradha RamamirthamJanuary 31, 2025

Difference between sale deed and sale agreement

A sale deed is a legal document that proves that a property has been transferred from the seller to the buyer. A sale deed acts as the main legal document, confirming the sale and … READ FULL STORY

Must Knows
By Anuradha RamamirthamJanuary 27, 2025

Maharashtra Rent Control Act: Rules on rent hike, eviction and more

Everyday lakhs of people come to cities in Maharashtra such as Mumbai, Navi Mumbai, Thane, Pune, Nagpur, Nashik etc. in search of work and a better life. Thus, in addition to job opportunities, residential … READ FULL STORY

Legal
By Anuradha RamamirthamJanuary 27, 2025

What is an encumbrance certificate?

To make sure a homebuyer is investing in a property that is free from any legal or financial charges, they must check the encumbrance certificate (EC). With several states in India launching virtual facility … READ FULL STORY

Construction Know-How
By Anuradha RamamirthamJanuary 24, 2025

All about DP Road Project in Thane

The Maharashtra Coastal Zone Management Authority (MCZMA) has given a go ahead for construction of a new Development Plan (DP) Road that will make travel easier between Bhiwandi and Thane. The new DP Road … READ FULL STORY

Legal
By Anuradha RamamirthamJanuary 23, 2025

How to execute and revoke NRI Power of Attorney?

A non-resident Indian (NRI) wanting to buy, sell or rent his property has to know about one important document that will help him do all these activities without him/her physically being present in India. … READ FULL STORY

Legal
By Anuradha RamamirthamApril 21, 2025

Planning to buy property in Ayodhya in 2025? Here is your legal guide

Ayodhya happens to be one of the most talked about topics as the country celebrates the first anniversary of Pran Prathistha of the Ram Temple in the old city of Uttar Pradesh. After the … READ FULL STORY

Taxation
By Harini BalasubramanianJanuary 22, 2025

Tax implications for NRI property sellers

Real estate is one of the preferred investment options in India for Non-Resident Indians (NRIs). Owning a residential or commercial property in a bustling metro city locality fetches attractive rental yields for a property … READ FULL STORY

Legal
By Anuradha RamamirthamJanuary 22, 2025

What are rules to get refund of cancellation amount under RERA?

After booking the housing unit, in case, the buyer changes his mind and doesn’t want to go ahead with the purchase. What will be the financial implications he will face? Will he get a … READ FULL STORY

Taxation
By Anuradha RamamirthamJanuary 22, 2025

How to pay Ayodhya Property Tax 2025?

Those who own properties in Ayodhya should pay the Nagar Nigam Ayodhya property tax every year. This can be easily done by visiting the Nagar Nigam Ayodhya online portal and entering property details. Paying … READ FULL STORY

Taxation
By Anuradha RamamirthamJanuary 21, 2025

Section 80GG: Deductions against rent paid, conditions and eligibility in 2025

Under India’s income tax laws, salaried as well as self-employed individuals can claim deductions against house rent payment under several sections, including Section 80GG and Section 10 (13A). This section is useful for people … READ FULL STORY

Videos
By Anuradha RamamirthamJanuary 21, 2025

Section 80EEA: Tax deduction for home loan interest paid in 2025

Under Section 80EEA of the Income Tax Act in India, first-time homebuyers investing in affordable property with the help of a home loans get Rs 1. 50 lakh tax deductions on home loan interest … READ FULL STORY

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