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
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
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
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
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
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
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
Real estate investments have become lucrative in recent years, igniting renewed interest among buyers and investors. However, would a buyer investing in a second home be able to enjoy the same tax benefits as … READ FULL STORY
State Bank of India (SBI) is one of the most trusted public lenders in the country for home loans. It is a favourite among women borrowers because of the special benefits it offers to … READ FULL STORY
Several women continue to rely on male family members and lack control over their assets. The Married Women’s Property Act (MWPA) provides financial security for married women and their children. Explore the significance and … READ FULL STORY
Under income tax laws in India, taxpayers have been made liable to deduct tax at source of payments made to Non-Resident Indians (NRIs). Form 27Q acts as the statement of this tax deduction of … READ FULL STORY
Upon the death of an individual, his/her legal heirs have the right to inherit the property if the person has died intestate (without leaving a will). The title transfer is one of the many … READ FULL STORY
Non-Banking Financial Companies (NBFCs) have emerged as significant players in the financial landscape, particularly in the domain of home loans. With their innovative products and customer-centric approach, NBFCs are playing a pivotal role in … READ FULL STORY
