Tax on rental income and applicable deductions
Renting out a property to a tenant allows the owner to earn a monthly rent. Under the income tax laws in India, this rent is counted as income and the landlord is liable to … READ FULL STORY
Renting out a property to a tenant allows the owner to earn a monthly rent. Under the income tax laws in India, this rent is counted as income and the landlord is liable to … READ FULL STORY
Owners of properties in Delhi, are liable to pay MCD property tax to the Municipal Corporation of Delhi (MCD) every year. The properties include residential buildings, commercial properties, and vacant land. The property taxes … READ FULL STORY
Owners of any residential or non-residential property are required to pay property tax every year to the respective urban local bodies (ULB) in their state. The state government of Andhra Pradesh determines the property … READ FULL STORY
A home loan is one of the most significant financial commitments an individual undertakes, often spanning 15 to 30 years. While lenders provide detailed agreements, these documents can be complex and filled with technical … READ FULL STORY
The Hyderabad Metro is a rapid transit system developed to provide connectivity to the city. It is the third longest operational metro network after the Delhi Metro and Bangalore Metro network. In 2017, a … READ FULL STORY
The Delhi Development Authority (DDA) caters to the growing housing needs in Delhi by launching various affordable housing schemes and enables the citizens to apply for its different housing schemes online through its official … READ FULL STORY
The Delhi Metro’s Phase 4 (Phase IV), has been planned to provide last-mile connectivity to the new housing hubs in the National Capital Region (NCR). Comprising six new corridors, the phase 4 of Delhi … READ FULL STORY
With an aim to boost connectivity through the Delhi Metro Network, Delhi Metro Rail Corporation (DMRC) planned the Pink Line or Line 7 corridor. The Delhi Metro Pink Line route, developed under the Delhi … READ FULL STORY
Owning a home is one of the biggest milestones in the lives of most Indians. And across the world, home ownership is often seen as a central piece household financial planning. But lately, the … READ FULL STORY
Lucknow, the state capital of Uttar Pradesh, boasts a functional metro network since 2017 when the Phase 1 corridor was started. There are plans to improve Lucknow’s Metro connectivity with additional proposed lines. On … READ FULL STORY
Launched in 2015, the Pradhan Mantri Awas Yojana (PMAY) is in Phase 2 now. In this phase, the centre has taken up an aim of constructing 3 crore houses under the PMAY by 2029 … READ FULL STORY
The Madhya Pradesh Metro Rail Co Limited is building the Bhopal Metro, also known as the Bhoj Metro project, a mass rapid transit system (MRTS) with two lines and 28 stations to serve Bhopal, … READ FULL STORY
Tenancy laws such as the Model Tenancy Act and state-level rent control acts have streamlined the rental market in India. These laws aim to protect the rights of tenants and landlords and provide a … READ FULL STORY