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
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
Owners of any residential or non-residential property are required to pay property tax every year to the respective urban local bodies (ULB) in their state. The state government of Andhra Pradesh determines the property … READ FULL STORY
While buying a house in Maharashtra, one has to pay the stamp duty and registration fee to register the property in the government records. This is over and above the cost of the property. … READ FULL STORY
Owners of properties in Delhi, are liable to pay MCD property tax to the Municipal Corporation of Delhi (MCD) every year. The properties include residential buildings, commercial properties, and vacant land. The property taxes … READ FULL STORY
While investing in an under-construction project, of the many important details that a home-buyer should be aware of the Goods and Services Taxes (GST) that is levied. This is a tax that the home-buyer … 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
The stamp duty charges in Tamil Nadu applicable on property transactions is quite high compared to other Indian states. This means, when you buy a property in the state, you will need to reserve a … 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
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
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
An important aspect of a property transaction in Rajasthan is the payment of stamp duty and registration charges. This is controlled by Rajasthan Stamps Act of 1908 and is calculated as a percentage of … READ FULL STORY
If you are planning to buy or sell a property in Rajasthan, it’s important to start with the basics—by understanding the District Level Committee (DLC) Rate. This is the minimum rate below which stamp … READ FULL STORY
