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
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
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
Property owners in Andhra Pradesh’s Kurnool should pay property tax levied by the Kurnool Municipal Corporation every year. One of the largest sources of revenue for the municipal body, this tax is used for … READ FULL STORY
States in India are empowered to impose taxes on property transactions. This is the leading sources of revenue generation for local governments in the country. This tax is primarily imposed in the form of … READ FULL STORY
Tiruchirappalli also known as Trichy located in Tamil Nadu comes under the jurisdiction of the Tiruchirappalli City Municipal Corporation (TCMC). Divided into four administrative zones — Abhishekapuram, Ariyamangalam, Golden Rock and Srirangam — there … READ FULL STORY
Among the many legal options available to entrepreneurs to start a business is a partnership firm. A partnership deed is that documentary proof which binds one professional partner with another. What is partnership … READ FULL STORY
Property tax is levied by the municipal corporation of an area. It is a major source of revenue and used in developing basic facilities and amenities in the area. Property tax in Gwalior is … READ FULL STORY
In India, agriculture plays a pivotal role in the economy, and recognising its significance, the Indian constitution incorporates various provisions aimed at facilitating tax savings on the sale of agricultural land. The Income Tax … READ FULL STORY
The Hubballi-Dharwad Municipal Corporation (HDMC) holds a crucial role in the development of Karnataka’s twin cities of Hubli and Dharwad. Its main source of revenue is derived from property tax, imposed on both developed … READ FULL STORY
Stamp duty and registration fee are taxes homebuyers in India pay to state governments at the time of property registry. States have the authority to impose this tax. Consequently, they are responsible to increase … READ FULL STORY
Partial agricultural income, as the name implies, refers to income that extends beyond cultivation activities. As it isn’t solely reliant on cultivation, it diverges from the taxation norms applied to pure agricultural income. In … READ FULL STORY
