Those buying property market in the city have to pay stamp duty and registration charges in Hyderabad. After the stamp duty increase that came into effect from July 2022, stamp duty on property in … READ FULL STORY
Bihar, situated in the eastern part of India, is experiencing a noteworthy transformation in its aviation landscape, marked by a burgeoning network of airports that seamlessly connect the state with the rest of the … READ FULL STORY
Discussing parents’ rights over a child’s property is not common as the emphasis is usually on children’s rights on their parents’ property. Nevertheless, it is crucial to comprehend parents’ rights concerning a child’s property. … READ FULL STORY
Section 139(9) of the Income Tax Act, 1961, plays a crucial role in ensuring the accuracy and completeness of the information provided by taxpayers in their income tax returns. This section empowers the Income … READ FULL STORY
Income in India is divided into different parts for simplification of taxation. Section 14 of the Income Tax Act clarifies the types of income in India. Types of income under Section 14 of … READ FULL STORY
A bonus is a monetary compensation that employers pay to their employees over and above their annual salary. This incentive is often linked to employees’ performance. However, like any other monetary compensation, a bonus … READ FULL STORY
Have you let your house on rent and earned an income from it? According to the Income Tax Act, 1961, income earned from a house is taxable. This article explains the method for tax … READ FULL STORY
Most homebuyers often see refinancing as a practical solution to lower their loan burden. There are several reasons why a borrower may prefer refinancing a home loan. This could include a low interest rate … READ FULL STORY
January 16, 2024: Minister of civil aviation Jyotiraditya M Scindia, along with Madhya Pradesh chief minister Mohan Yadav, flagged off the inaugural flights on three key routes from Gwalior, marking a significant milestone in enhancing … READ FULL STORY
Securing a home loan is a significant financial commitment that often involves careful consideration of various factors. Among these, the home loan tenure holds a pivotal role in shaping your financial journey towards homeownership. … READ FULL STORY
Applying for a loan proves beneficial when fulfilling financial needs does not impact one’s savings. A lender may ask the borrower to present a loan guarantor during the loan approval process. A guarantor’s role … READ FULL STORY
When a homebuyer avails of a home loan, there is an agreement in place between him and the money lender, citing terms and conditions regarding the home loan given and its repayment. Among the … READ FULL STORY
Home ownership in India is incentivised through various tax benefits. These include income tax deduction to borrowers who purchase a house with the help of a home loan. Borrowers can claim tax deductions for … READ FULL STORY
