Any property that fits the bill for you as a buyer will require you to pay some token money to the seller to book it for you. What is a token money? Token money … READ FULL STORY
Even though joint families are common in India, they do have a flip side, too. This is particularly true in case of old parents who fail to get any support from their children even … READ FULL STORY
Property bought by a husband in the name of a housewife with no independent source of income will be categorized as the family’s joint property, the Allahabad High Court (HC) has ruled. Such property, … READ FULL STORY
As more and more people migrate to the national capital region, causing immense pressure on its infrastructure and residential landscape, it becomes important to develop the nearby areas to accommodate this population. To make … READ FULL STORY
The Patna Municipal Corporation (PMC) has extended the deadline to pay property tax by five days, from February 24 to February 29, 2024. Those who fail to pay the property tax within the extended … READ FULL STORY
Right to property in India is a human right after it ceased to be a fundamental right, following the 44th amendment to the Constitution if India in 1978. To understand its significance and what … READ FULL STORY
Waste management is a crucial issue for municipalities all over the world. In India, municipal corporations charge a user fee for street waste management, known as SUC. The purpose of SUC is to encourage … READ FULL STORY
In case of a difference between the sale agreement value and the sale deed stamp duty value, the former will be considered for the applicability of Section 56(2)(vii) of the Income Tax Act, the … READ FULL STORY
Under the existing law in India, gains arising on transfer of capital assets are charged under capital gains. At the same time, relief is provided under Section 54 to 54GB of the Income Tax … READ FULL STORY
Investing in the real estate segment involves learning, planning and spending. With all these factors and more, a blanket of surety was provided by the government by implementing the Real Estate (Regulation and Development) … READ FULL STORY
Immovable assets help investors generate wealth and act as a safety net during adverse situations. Even though it is an illiquid asset, it can be used to secure loans. Thus, immovable assets act as … READ FULL STORY
Rajkot is a prominent city in Gujarat. The Rajkot Municipal Corporation is responsible for providing essential infrastructural facilities in the city. The various taxes, including property taxes, collected by the municipal authority are a … READ FULL STORY
Rewari is a city in Rewari district located in the south-western part of Haryana. The city, with its proximity to the national capital Delhi and good connectivity, has been witnessing rapid development in recent … READ FULL STORY
