Tax on rental income and applicable deductions
Renting out a property to a tenant allows the owner to earn a monthly rent. Under the income tax laws in India, this rent is counted as income and the landlord is liable to … READ FULL STORY
Renting out a property to a tenant allows the owner to earn a monthly rent. Under the income tax laws in India, this rent is counted as income and the landlord is liable to … READ FULL STORY
Finding a rental home in India can be both exciting and exhausting. With rising rents, varying security deposit norms, and unpredictable maintenance responsibilities, tenants often end up facing problems they never expected. This is … READ FULL STORY
When renting a property, a tenant is liable to pay monthly rent to the landlord as per the rental agreement terms. Rental rates are subject to change. That is, the rent in a particular … READ FULL STORY
When you put your property on rent, it is in your best interest that you register the rental agreement. So, to make rental agreements legally binding, the leave and licence agreement is required to … READ FULL STORY
Technology plays a role in all avenues of real estate โ be it buying, selling, or renting. By being able to search properties for investment and lease, pay the stamp duty and registration fees, … READ FULL STORY
The demand for rented properties often sees a significant increase in areas close to employment or educational hubs. Landlords look out for quality tenants to ensure steady rental returns in the long term. Tenant … READ FULL STORY
Renting a property requires tenants and landlords to adhere to the tenancy laws and the relevant rent control laws in their state. The only way to give legal validity to the tenancy is by … READ FULL STORY
Renting a property enables the property owner to earn rental income and enjoy tax benefits under Sector 24 of the Income Tax Act. In India, a tenant (a person or an entity that rents … READ FULL STORY
In India, it is mandatory for a prospective tenant looking for a house and a property owner renting out their property to sign a rental agreement. A rent agreement is a written legal contract … READ FULL STORY
The Goods and Services Tax (GST) Act was implemented in 2017. With this, came changes in the taxation of the rental income. The GST law in India treats renting of commercial as well as … READ FULL STORY
The rental housing market in several cities, including the top metropolitans and top tier 2 cities, has seen growth in recent years. Owing to the growing job and educational opportunities, these cities draw many … READ FULL STORY
Navigating the rental property market as a landlord can be complex, especially when faced with the risk of rental fraud. While renting out property can offer a steady source of income, it also brings … READ FULL STORY