BUSINESS
Should Budget 2021 increase the price limit for affordable housing? 4 experts weigh in
At present, an affordable house is supposed to have a carpet area of up to 60 square metres in metros and up to 90 square metres in non-metros.
BUSINESS
Budget 2021: Does the new tax regime need a tweak for a facelift? 4 experts weigh in
The choice between the new and existing tax regimes has confused many taxpayers. Four tax experts weigh in on how to improve the new tax regime
BUSINESS
Why the tax department did not extend return filing deadlines any further
The tax department stated that any further extension would affect the collection of revenue
BUSINESS
Missed the income tax return deadline? You can still file it with a fine
You can still file your returns till March 31, after paying the prescribed late fee
BUSINESS
How taxation on housing transactions changed under the Modi government
While the intention has been to help middle and lower-income sections buy houses by giving sops, tax benefits have been pruned systematically
BUSINESS
Tax return filing deadlines extended: Complete the process quickly to save on interest and penalty
The income Tax return filing deadline for the assessment year 2020-21 has been extended for the third time to January 10, 2021
BUSINESS
Should you buy a property when a bank auctions it?
Bank of India is going to auction properties taken by some of its borrowers using loans from the bank. When borrowers are unable to repay the loans, banks sell the properties to recover their dues. Real-estate experts say that auctions can sometimes offer heavy discounts, which is not available anywhere else
BUSINESS
How to arrive at the right price of a house in the resale market
Property prices in resale markets are fixed arbitrarily by sellers. Home buyers should do their research well
BUSINESS
New code of wages: Your provident fund and gratuity components are set to rise
But if your salary is over Rs 15,000 the new Code of Wages may not materially impact your salary
BUSINESS
SBI, Kotak cut home loan rates: Now is the best time to buy a house
Rock-bottom interest rates on home loans, offers and the availability of ready-to-move-in properties mean that buyers can swoop in on good deals
BUSINESS
The dos and don’ts of income-tax return filing
While filing your tax returns, entering accurate bank details and e-verifying once you are done can help avoid complications later
BUSINESS
Income Tax mistakes: Avoid these errors while filing returns or you may get a notice
While claiming deductions, it is important to have proper knowledge of tax rules
BUSINESS
Lower risk weights for real estate: Soon, you can get high-value home loans at lower rates
RBI’s latest monetary policy rationalises risk weights on home loans; asks banks to focus only on loan-to-value
BUSINESS
Circle rate increase in Maharashtra: Minimal impact on home buyers
A slight increase in ready reckoner rates in a location where the market rates are higher won’t hurt property buyers much.
BUSINESS
Corporate FDs: Why the lure of higher interest mustn't make you overlook the risks
Morepen Laboratories’ fixed deposit holder might finally see a closure. Not all corporate fixed deposits end in a mess, but choose your FD with care
