Legal & Tax

As per Income Tax Act 1961, under section 195 , NRIs who are selling a property in India are liable to pay taxes that...

From 1st June 2013, whenever a buyer buys a property costing more than 50 lacs; the buyer needs to deduct a Tax at source...

Last month, the government in Rajasthan has got the Urban Land (Certification of Titles), 2016 passed in in the assembly. This is a unique...

Investment in real estate properties has been termed as a lifelong asset where one makes money both through capital appreciation as well as rental...

Rajasthan is one of the bright hot spots on the global & domestic tourism map. The state is known for its rich culture, heritage...

There are various types of taxes levied on properties such as Capital Gain Tax Service Tax, Stamp Duty & VAT. These taxes are also...

Some of the notable mentions in the union budget vis a vis housing and reality sector are: 1. 100% deduction for profits to an...

Case 1: Rakesh Juneja is getting retired in 2019. Currently, he lives in a govt. quarter that is decently big. He is looking for...

WHAT IS REFUGE AREA IN HIGH RISE BUILDING? Refuge areas are such areas in a building where people can take shelter in case of...

A second home loan can reduce taxable income. In the previous article, we examined the effect of two sections i.e. Section 80 C and...

There are two sections in the Income tax Act that one would have heard time and again with respect to Home loan these two...

‘Khaata’ literally meaning an account, is an important document which records information on property taxes that have been paid for a particular property to...