Like all sorts of income, profits made by way of business activities are taxed under the income tax laws in India. As is true of all incomes, the tax payer also enjoys a variety … READ FULL STORY
To meet the high costs of living in rented accommodations, employers pay house rent allowance (HRA) to their employees. India’s income tax laws also provide benefits to people who do not own a house … READ FULL STORY
Home buyers nowadays, consider Vastu as a prominent factor, when they select a home. Often, people avoid projects or apartments that do not comply with Vastu norms. This is especially true during the festive … READ FULL STORY
As housing societies are not apparently engaged in any income earning activities, there is a perception that they are not required to comply with any income tax provisions. This impression is heightened by the … READ FULL STORY
Home owners are often ignorant about the implications of buying a house property in single name, instead of joint names. One of my colleagues had bought a flat in his name before marriage. After … READ FULL STORY
Updated on August 25, 2020: With an aim to improve home sales amid the Coronavirus pandemic, the Maharashtra government, on August 26, 2020, decided to reduce the existing 5% stamp duty on property registrations … READ FULL STORY
A home loan is taken for the purpose of either buying a ready-to-move-in house or for the purpose of booking an under-construction property. Home loans are available for residential, as well as commercial properties. … READ FULL STORY
Flat maintenance charges are a routine expense for residents living in housing societies or apartment complexes, covering services like security, cleaning, and common area upkeep. However, these charges often come with an additional cost: … READ FULL STORY
There is considerable confusion over the taxes applicable on the sale of an inherited property. While many think that the money received on sale of an inherited house is fully tax exempt, others feel … READ FULL STORY
A legal question that has been put to test time and again before various courts, is whether the rights of nominees prevail over those of successors, in respect of various subjects of nomination, such … READ FULL STORY
If you’re here, you’re probably an information junkie! You’re at the right place, because we have brought together comprehensive, up-to-date curated data on 15 great options for affordable/budget housing in Bangalore. Whether you are purchasing … READ FULL STORY
In order to help senior citizens who own a home but do not want to sell them, and yet, supplement their regular cash flow, the government of India has introduced the ‘Reverse Mortgage Scheme, … READ FULL STORY
The Mumbai Coastal Road project was planned years ago, to connect south Mumbai with the northern areas of Mumbai’s suburbs. However, the project remained stuck due to environmental clearances. The plan was revived in … READ FULL STORY
