From a change in the definition of long-term with respect to immovable property to the introduction of tax deducted at source (TDS) if you are paying rent over a certain amount to measures which were aimed at boosting affordable housing, real estate was definitely a focus area for Finance Minister, Arun Jaitley.
Finance Minister has opted to offer a small concession on income tax front. However, he has also capped the benefit on income from house property.
The law of registration of documents is contained in the Indian Registration Act. This legislation provides for the registration of various documents, to ensure conservation of evidence, prevention of fraud and assurance of title. R
In order to check the rampant use of black money in immovable property transactions, the government of India has introduced a law, wherein, the purchaser of a property has to deduct tax at source, R
The Goods and Services Tax (GST), is a comprehensive indirect tax on the sale, manufacture and consumption of different kinds of goods and services throughout India, with all other central and state taxes intended R
The reply to a question raised in the Indian parliament revealed that deposits worth Rs 5,124.98 crores were lying unclaimed for 10 years or more, with scheduled banks. This is a huge amount, considering R
Financial advisor Arnav Pandya discusses the impact of tax deduction at source (TDS) for transfer of immovable property, which has come into effect from June 2013.
Financial advisor and writer Arnav Pandya talks about the new provision of tax deduction at source (TDS) for transfer of an immovable property. He discusses several conditions related to this provision.
Certified financial planner Gaurav Mashruwala suggested young career oriented women to invest in movable properties like gold, and equity as an asset class, however they should avoid immovable assets like real estate.
THE Bombay High Court appears to have served a body blow to realtors in Maharasthra.
Transactions in which quoting of PAN is Mandatory. Purchase and sale of immovable property. Purchase and sale of motor vehicles. Transaction in shares exceeding Rs 50,000.