How to save tax on rental income?
Have you let your house on rent and earned an income from it? According to the Income Tax Act, 1961, income earned from a house is taxable. This article explains the method for tax … READ FULL STORY
Have you let your house on rent and earned an income from it? According to the Income Tax Act, 1961, income earned from a house is taxable. This article explains the method for tax … READ FULL STORY
The rent that the owner generates is considered as income under the existing laws in India. Consequently, one earning such income, the landlord is liable to pay tax on rental income in India. All … READ FULL STORY
Rating agency ICRA expects rental income for the retail mall operators to increase by 8-10% year-on-year (YoY) in financial year 23-24 (FY24) owing to improvement in trading values due to healthy retail sales and … READ FULL STORY
Real estate major DLF Limited has said that it has clocked new sales bookings of Rs 2,040 crore in its residential business, reflecting a Y-o-Y growth of 101%. While announcing its financial results for … READ FULL STORY
Commercial property vs residential property: Rental income Rental income is an important consideration, for people who want to invest in the real estate sector. Property buyers are often confused over which would provide better … READ FULL STORY
From the initial choice, to finalising the purchase of your first rental property as an investment, there’s plenty of planning and work involved. You should begin hunting for your rental investment property with an … READ FULL STORY
In metro cities, many people who invested in properties looking for rental income, did not think that parking space could be a major issue between the owner and the tenant. Real estate agent Chandrabhan … READ FULL STORY
Bitter experiences are not uncommon in India’s real estate market, where there is an absence of scientific valuation of the property. Prices tend to differ in the same micro-market, depending upon the project and … READ FULL STORY
Non-resident Indians not paying taxes in any foreign country will now be taxed in India, the Union Budget for 2020-21 has proposed. At present, if an Indian or a person of Indian origin managed … READ FULL STORY
Home owners often find it difficult, to figure out the right balance between their property’s price and its rental potential. “People often invest in properties, for the regular rental income that they can derive … READ FULL STORY
With rapid computerisation, an individual’s PAN (Permanent Account Number) has become an important document, for many financial and non-financial transactions. It is equally important for buying or selling properties or leasing it out. For … READ FULL STORY
Almost all the public sector and private banks, offer loans against future rentals. With this facility, home owners can avail of a line of credit, on the basis of future rentals for their house … READ FULL STORY
A large number of second home buyers purchase luxury homes that provide them with a retreat away from the city, where they can relax and rejuvenate. According to Sunil Sharma, VP – marketing and … READ FULL STORY