All sorts of incomes are taxable, and the amount you have been earning by renting out your property is no different. If you are earning money from your property by renting it out, India’s income tax law mandates you pay taxes under the ‘Income from house property category. How Does Calculate The Income Arising From…

In simple words, you can transfer your property to another person in three ways i) a sale/transfer deed  ii) a gift deed iii) Relinquishment deed. A co-owner in a property who is willing to give up his or her rights over the property can resort to the relinquishment deed which allows for a smooth transfer….

It is mandatory to register the sale deed under the provisions of the Registration Act, 1908. This is one process which is important as well as exciting for the buyer. While you might have already read a great deal about the process and must know quite well about it, we give you some handy tips that would help…

An agreement to sell is a contract between the buyer and the seller of a property. Like any other contract, this deal, too, can go awry. This is why it is important for both the buyer and the seller to give due consideration while making or accepting offers. You must know your rights in case the…

Mumbai’s Chhatrapati Shivaji International Airport is already serving more than it is capable of. Official data show the airport handled over 45 million passengers last year while it has an installed capacity to serve only 40 million passengers. All eyes are now on the launch of the Navi Mumbai Airport that is expected to take…

Flats and apartments are the most common form of housing today. Even those who can afford to build a house on their own land often prefer to live in a housing society for the sheer comfort that they provide. But, there are several terms and conditions which you have to meet as a member of…

Another big casualty of the pandemic is the global economy. With major commerce centres across the world sustaining massive losses, global markets have been on a deep dive. It isn’t a hidden fact that every aspect of human life has been affected adversely, by the global rampage caused by COVID19. Spreading at an alarming rate,…

Human beings are hardwired to live and thrive in closed knit communities. We see it in our familial patterns, our social circle and also, in the way we’ve chosen to live since time immemorial. The concept of living in communes, with your neighbours just a mere call away dates back to the time humankind began…

The average Indian earner has to wait at least 10 years before they can buy their first home and for a sizable chunk of Indians, buying a home eats through a lion’s share of their savings. It is one of the most important purchases we make for our families, and our futures and a lot…

Buying a house demands a lot of thorough deliberation along with sorting out of finances and paperwork. Amidst sorting through all of these steps, a lot of home buyers fail to take cognizance of stamp duty and registration charges, which in the long run tends to derail the financial course of a home buyer. It…