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Category: Taxation

Home » Must Knows » Taxation » Page 36

Current News
By Sunita MishraJanuary 18, 2023

Capital gains investment cut-off date extended to March 2023

The Central Board of Direct Taxes has extended the investment cut-off date to save on capital gains tax to March 31, 2023, a move that will help owners who have recently sold their immovable … READ FULL STORY

Taxation
By Housing News DeskJanuary 16, 2023

einvoice1: Details about einvoice1.gst.gov.in website

For the proper operation of GST (Goods and Services Tax), einvoice1.gst.gov.in is a portal that generates einvoice1 Invoice Identification Numbers for large organisations. Taxpayers may use of einvoice1 to keep track of and submit … READ FULL STORY

Legal
By Sunita MishraJanuary 13, 2023

How to get HRA exemption on rent paid to family members?

Is a large part of your salary getting deducted in taxes since you stay with your parents or other family members and you are not able to claim HRA (house rent allowance) exemptions? The … READ FULL STORY

Property Trends
By Sunita MishraFebruary 4, 2024

Bhulekh Bihar: View Bihar Plot Details, Land Records in 2023

 People of Bihar can visit the official Bhumi Jankari portal to check land records and Khasra-Khatauni nakal.   Bhumi Jankari: Overview Name of the entity Biharbhumi Owned and operated by Government of Bihar … READ FULL STORY

Taxation
By Sunita MishraJanuary 12, 2024

Section 80EE: Tax deduction against home loan interest payment

Section 80EE of the Income Tax Act allows additional benefits for first-time homebuyers in India if they borrow funds from a bank to purchase a home. Discussed in detail in this article are the … READ FULL STORY

Taxation
By Sunita MishraJanuary 12, 2023

How to claim deduction on interest with Section 80TTA?

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

Property Trends
By Sunita MishraJanuary 9, 2023

Ghaziabad municipal body hikes property tax by 10% from April 1

The Ghaziabad Municipal Corporation on January 7, 2023, decided to increase property tax by 10% starting April 1, 2023. The move, approved in the 30th board meeting of the municipal corporation, would increase the … READ FULL STORY

Taxation
By Anuradha RamamirthamJanuary 9, 2023

How to pay Vijayawada property tax online?

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

Legal
By Sunita MishraApril 5, 2023

Mamlatdar: Duties, Functions and Responsibilities Explained

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

Current News
By Sunita MishraDecember 30, 2022

Govt may increase tax exemption limit to Rs 5 lakh: Report

The government may increase the exemption limit on income tax from existing Rs 2.5 lakh to Rs 5 lakh in the upcoming Budget, news agency IANS reported.  If it fructifies, the move will leave … READ FULL STORY

Analysis
By Sunita MishraDecember 22, 2022

GST law may be amended to allow refund after flat purchase cancellation

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

Taxation
By Sunita MishraDecember 11, 2023

IGST Full Form: All You Need To Know

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

Property Trends
By Nisha A RawatDecember 28, 2023

Patna property tax: How to pay it online and offline?

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

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