Did you know that the interest you earn on the money lying in your savings account is taxable? However, deduction is also available on this income under Section 80TTA of the Income Tax Act. … READ FULL STORY
People with properties in Vijayawada can pay the property tax online using the Vijayawada Municipal Corporation (VMC) portal. See also: Property tax online payment in Coimbatore: All you need to know Vijayawada property tax: … READ FULL STORY
You may have head of the term mamlatdar oftentimes, especially in reference to revenue and land matters in Gujarat, Maharashtra and Goa. In Gujarat. For instance, to apply for a legal heir certificate, citizens … READ FULL STORY
Homebuyers may soon be able to claim GST refund directly from the government on cancellation of under-construction properties rather than going to the developer concerned. If recommendations made by the GST council in its … READ FULL STORY
GST types There are three types of taxes under the GST against which tax payers can take credit. Check out our guide on GST search and GST verification CGST The centre … READ FULL STORY
Those whose properties fall under the ambit of the Patna Municipal Corporation have to pay Patna property tax to the authority on a yearly basis. How is property tax calculated in Patna? The … READ FULL STORY
While buyers have to pay a one-time amount to become the owner of a property, they have to consistently pay smaller amounts in the form of property tax, to maintain their ownership over … READ FULL STORY
During a marriage, assets transferred from one spouse to another do not attract income tax implications because such a transfer is considered a gift. Such gifting is exempted from income tax implications under the … READ FULL STORY
Land as an investment option has always been popular in India. Its popularity has not receded, despite the availability of various financial products such as mutual funds and equity shares. However, you should be … READ FULL STORY
The indirect tax imposed on the provision of goods and services is known as the Goods and Services Tax or GST. With effect from July 1, 2017, GST replaced all indirect taxes in India … READ FULL STORY
Taxes like value-added tax (VAT) or goods and services tax in some countries are assessed incrementally. At every stage of production, distribution, or sale to the consumer, it is incorporated into the price of … READ FULL STORY
Those planning to invest in agricultural land often find themselves in the crosshairs of regulatory requirements and personal whims of the sellers. On the one hand, they are obliged to make any payments exceeding … READ FULL STORY
If you have taken a home loan, you can avail of rebates on your income tax liability under various sections of the Income Tax Act in India. An income tax rebate is allowed on … READ FULL STORY
