Under the Indian tax law, the profit earned through sale of a property is considered an income. On this income, the seller must pay taxes. However, sellers can lower their tax liability by claiming … READ FULL STORY
The Purple Line of Kolkata Metro, also known as the Joka Metro route, was constructed by Rail Vikas Nigam Limited (RVNL) and has been operational between Joka and Taratala since 2023. The project faced … READ FULL STORY
The National Highway-63 (NH63) passes through the states of Maharashtra, Chhattisgarh, Telangana, and Odisha. It also connects and intersects with various other national highways. It is an important highway in India because it connects … READ FULL STORY
The Okhla Vihar Metro Station is part of the Delhi Metro’s Magenta Line that connects Janakpuri West in west Delhi with the Botanical Garden in Noida. Providing connectivity to one of the key commercial … READ FULL STORY
Transfer of immovable property such as flats, apartments and land is highly complex, attracting a great amount of paperwork, legal complexities and tax implications. The law of succession to a property, depends on whether … READ FULL STORY
October 9, 2023: The Delhi Metro Rail Corporation (DMRC) on October 8 announced the expansion of its WhatsApp-based ticketing system. After a successful launch on the Airport Express Line in May this year, the … READ FULL STORY
Mere registration of a Will is not sufficient to prove its genuineness, the Supreme Court has said. While dismissing an appeal in the Dhani Ram (died) through LRs. & others versus Shiv Singh, Civil … READ FULL STORY
The Karta can sell, mortgage and alienate the joint assets of his Hindu Undivided Family (HUF) even if a minor member may have an undivided interest in it, the Supreme Court has ruled. The Karta does … READ FULL STORY
The IGR Maharashtra allows citizens to e-register the leave and license agreement on the IGR website at www.igrmaharashtra.gov.in. With this facility, a citizen can prepare an agreement, view its draft, modify, execute, submit it, … READ FULL STORY
The income earned by individuals from renting a property is subject to taxation if it exceeds a specified amount. The provisions of Section 194-1 of the Income Tax Act, 1961, mention the tax deducted … READ FULL STORY
The income tax law in India mandates collection of tax at source (TCS) on sale of specific goods. Section 206CR elaborates on this subject. What does the section 206CR mean? Section 206CR of the … READ FULL STORY
Sion Panvel Expressway has been one of the busiest roads in Mumbai Metropolitan ever since its launch in 2014. The 10-lane and 25 km long expressway was constructed at a whooping cost of Rs … READ FULL STORY
October 6, 2023: The Reserve Bank of India on October 6, 2023, left the repo rate unchanged at 6.5% for the fourth time in a row. The move by India’s apex banks augurs well … READ FULL STORY
