Property owners in south India’s temple town – Madurai – have to pay Madurai Corporation Property Tax on their residential properties to the Madurai Municipal Corporation or the Madurai Corporation every year. The revenue generated … READ FULL STORY
Property tax has to be paid by all property owners to the local municipal body irrespective of the type of property owned. A key revenue source for the municipal body, this is used to … READ FULL STORY
Whether your name is incorrect in your property tax receipt or you are a new property owner, it is important to have your name spelt right in the property tax records in Mumbai. You … READ FULL STORY
If you are purchasing a property in Madhya Pradesh, then the stamp duty and registration charges in MP are the additional costs you must consider. This is the money that a buyer has to … READ FULL STORY
Buying a home is one of the most difficult things to achieve. It is not practically possible for everyone to buy a property by paying upfront. This is where home loan plays an incredibly … READ FULL STORY
Property owners in Avadi have to pay an annual property tax, irrespective of self-occupancy or renting out to a tenant and residence type. The Avadi Property Tax is collected by the Avadi City Municipal … READ FULL STORY
In April 2020, the Mysuru City Corporation (MCC), the civic body responsible for the administration of the urban areas of Mysore city, introduced the online facility for property tax payment for the citizens. As … READ FULL STORY
When you put your property on rent, it is in your best interest that you register the rental agreement. So, to make rental agreements legally binding, the leave and licence agreement is required to … READ FULL STORY
The Pimpri Chinchwad Municipal Corporation (PCMC) is the municipal body that covers Pimpri, Chinchwad, Akurdi, Nigdi and north-western Pune city. In this guide, we list key points about the PCMC Property Tax 2025 such … READ FULL STORY
Owners of properties in Kolkata, are liable to pay the Kolkata Municipal Corporation (KMC) Property Tax every year. The municipality uses the funds collected as KMC Kolkata Property Tax, to provide important civic facilities … READ FULL STORY
One of the most commonly used legal tool to transfer ownership of property is the gift deed. This is done because it is tax-efficient as compared to other options available. However, one should be … READ FULL STORY
The House Rent Allowance (HRA) is an integral part of most people’s salary. Under Rule 2A of the Income Tax Rules (ITR) 1962, this salary component is not fully taxable if a person is … READ FULL STORY
While transferring ownership of property in India, the buyer must pay stamp duty and registration fee to register the new owner’s name in official records. Payment of stamp duty holds no exception even when … READ FULL STORY
