BUSINESS
MC Explains: What is property tax & what happens if you don’t pay it on time
If you own property, then you must pay property tax against it. If you don’t, the municipality may issue a warrant, preventing you from transferring / selling your property.
BUSINESS
Real estate regulator says investors in projects can be held liable for delays
Maharashtra’s real estate regulator ruled recently that if investors cause a delay in construction by their votes, they will be held liable to compensate home buyers.
BUSINESS
MC Explains: When a Hindu Undivided Family may not work
Keeping aside income-tax benefits, selling property under an HUF structure may be cumbersome because the consent of all members of the family is required.
BUSINESS
Cops investigate bank accounts of NGO run by 'mastermind' of Amravati chemist's killing
There were similarities between the murders of Amravati-based chemist Umesh Kolhe (54) and of tailor Kanhaiya Lal in Rajasthan’s Udaipur city, as both the victims had posted messages on social media supporting Nupur Sharma, who has been suspended by the BJP for making controversial comments about Prophet Mohammad, he said.
BUSINESS
MC Explains | What is a Hindu Undivided Family?
Taxation works differently for individuals, companies, firms and other entities. One such entity is a Hindu Undivided Family (HUF), which has its separate tax liabilities and exemptions.
BUSINESS
The long road ahead for Supertech’s homebuyers
The law states that a homebuyer can only approach NCLT if the developer is an entity under the Companies Act. If the developer is a sole proprietorship, partnership firm or an individual, homebuyers do not have a remedy in NCLT as of now.
