Why rent to a non-profit? Legally stated, a non-profit organisation, also known as a not-for-profit organisation or charity, is a legal entity that does not generate profits for its members or owners, instead using … READ FULL STORY
The Delhi government levies stamp duty on property transactions, making it a significant source of revenue for the state. Under the Delhi Stamp Act, buyers must pay stamp duty and registration charges to legally … READ FULL STORY
Suppose you are looking at selling your ancestral property or buying a piece of land or an apartment, the first question that will demand an answer is what the value of the property is. … READ FULL STORY
Property buyers in West Bengal must pay the compulsory tax of stamp duty and registration charges for flats to the state revenue department to get a property legally transferred in their name. In this … READ FULL STORY
Of the many taxes that home buyers have to pay to the government is the Goods and Services Tax (GST). In the last few years, there have been changes made to the GST regime … READ FULL STORY
The Navi Mumbai Municipal Corporation (NMMC) Property Tax has to be paid annually by all Navi Mumbai property owners to the municipal body. The Navi Mumbai Municipal Corporation has around 3,25,179 NMMC property tax-holders … READ FULL STORY
Residents of Chennai can easily pay their ‘sotthu vari’ or Chennai Property Tax online or pay it offline. Chennai Property Tax: What is Sotthu Vari 2025? Sotthu Vari is a term for property tax … READ FULL STORY
While transfer of property in India, the buyer must pay stamp duty and registration fee to register the change of ownership in official records. Property gifting is no exception to this rule. Depending on the … READ FULL STORY
When investing in property, individuals are required to pay taxes. However, the property sector also offers tax deduction benefits that can be advantageous to many. For example, while individuals can take advantage of home … 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
Under the Income Tax Act, 1961, an employee can claim HRA tax exemption benefits on fulfilling certain conditions such as rental agreement between landlord and the employee, duration of the rent, address, mode of … 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
The Inspector General of Registration (IGR) Revenue & Disaster Management Department, Government of Odisha, is the authority that manages property registrations and levies stamp duty in the state. Stamp duty refers to the tax … READ FULL STORY
