Buying a property is one of the most significant financial decisions. In India, the total cost of a property extends far beyond the Basic Selling Price (BSP) advertised by developers. Homebuyers must factor in … READ FULL STORY
Stamp duty is a crucial cost in property transactions, but not every deal proceeds as planned. When a sale deed is cancelled, the possibility of recovering the stamp duty paid offers financial relief to … READ FULL STORY
Nidhi Arora, a resident of Mumbai has moved to Bangalore for a year owing to her job. She stays in her father’s apartment and pays him rent too. While Nidhi’s employer offers the HRA … READ FULL STORY
In today’s dynamic real estate market, purchasing property is not solely about owning a home anymore. Many individuals buy property with investment intentions, anticipating capital appreciation or rental income. Some buyers also see it … READ FULL STORY
When you sell a property in India, it’s essential to disclose the transaction in your Income Tax Return (ITR) to comply with tax laws and avoid legal complications. Sellers are required to file the … READ FULL STORY
Zirakpur, a satellite town in the Mohali district of Punjab, has emerged as a preferred destination for property buyers. The city has a well-developed social infrastructure and good connectivity with neighbouring areas. Those owning … READ FULL STORY
Effective April 1, 2020, the Finance Act, 2019 added the Seventh Proviso to Section 139(1) of Income Tax (I-T) Act, 1961. Under this act, some certain individuals have to necessarily file the Income Tax … READ FULL STORY
Property owners in Mormugao, Goa, have to pay an annual property tax, irrespective of self-occupancy or renting out to a tenant and residence type. The Mormugao Property Tax is collected by the Mormugao City … READ FULL STORY
Tirunelveli is a prominent city in Tamil Nadu and the Tirunelveli Municipal Corporation is the civic authority responsible for collecting property tax in the city. Residents of Tirunelveli have the choice to pay their … READ FULL STORY
The Salem Municipal Corporation is tasked with collecting property tax from its residents, making it a significant revenue stream for the city’s administration. The funds generated from this tax are vital for financing various … READ FULL STORY
Property tax in the Secunderabad Cantonment Board is a vital revenue stream that helps fund various civic services. Residents can conveniently calculate and pay their property tax online through a user-friendly portal provided by … READ FULL STORY
The Navsari-Vijalpore Municipality oversees property tax collections in Navsari, Gujarat. Property owners can pay their property tax online or offline. To prevent penalties and provide discount benefits, it is important to make payments on … READ FULL STORY
Land tax in Pathanamthitta, Kerala, is an important revenue source for the district and must be paid annually by all property owners. This tax can be conveniently paid online through the Sandes App, Sanchaya … READ FULL STORY
