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
28th March 2024: Gwalior is getting a big upgrade with its new airport, Rajmata Vijayaraje Scindia Airport, set to open in just three to four days. Union Minister Jyotiraditya Scindia shared the news, saying … READ FULL STORY
Assam, a state nestled in the northeastern part of India, is not only renowned for its breathtaking landscapes and diverse culture but is also making significant strides in the aviation sector. With an increasing … READ FULL STORY
If a member of a Hindu Undivided Family (HUF) puts their self-acquired property into the common pot, giving up their individual claim, it becomes a joint property, the Karnataka High Court (HC) has ruled. … READ FULL STORY
Property purchases in Agra are lucrative for a variety of reasons. Apart from the fact that this city in Uttar Pradesh attracts a large number of tourists every year being the seat of the … READ FULL STORY
Several legal changes have been made to bolster the position of women in inheritance. With an amendment made to the Hindu Succession Act of 1956 in 2005, daughters have an equal share in their … READ FULL STORY
According to the income tax laws, individuals and entities with income above a certain limit must pay income tax to avoid penalties. Tax avoidance and tax evasion are commonly used terms regarding taxation in … READ FULL STORY
The procedure and laws applicable on division of a person’s self-bought property and his ancestral property are different. Considering the proprietorship of a self-acquired property lies exclusively and solely with the owner, unlike joint … READ FULL STORY
Homes are the epitome of safety and comfort. These are spaces where an individual can feel at ease and relax. Even while buying or building a house, safety and security are the topmost criteria … READ FULL STORY
