What are Lift Rules and Regulations? Every Building Owner Should Know in 2025
Lift rules and regulations form the cornerstone of building safety and operational compliance across India. These comprehensive guidelines ensure the safe installation, maintenance, and operation of elevators in residential, commercial, and public buildings. From mandatory safety features to regular inspection protocols, these regulations protect millions of passengers...
Updated on January 31, 2025
Capital Gains Tax on Inherited Property: Rules, Rates & Exemptions in 2025
Capital gains tax on inherited property is a crucial financial consideration that impacts how beneficiaries manage and sell inherited assets in India. When you inherit property, while there's no immediate tax liability, selling the property triggers capital gains tax based on the appreciation in value. The tax...
Updated on January 31, 2025
How To Pick A Realtor To Sell Your Home? Find The Best Solution
Selecting a realtor to sell your house requires careful consideration, so make your choice wisely. Investigate local agents in your region who have a successful track record before proceeding. Realtors with experience selling homes comparable to yours should be given priority since expertise is vital. In this...
Updated on January 31, 2025
Stamp Duty and Taxation on Property Exchange in India
Buying and selling property comes with several tax obligations that both parties must meet; otherwise, such transactions may be against the law. According to section 118 of the Transfer of Property Act, 1882, a transaction is referred to as an "exchange" when two persons trade the ownership of one...
Updated on January 31, 2025
What is Haryana Apartment Ownership Act, 1987? Every Apartment Owner Should Know in 2025
The Haryana Apartment Ownership Act, enacted in 1983 and significantly amended in 1987, stands as a pioneering legislation governing apartment ownership rights and responsibilities in Haryana. This comprehensive Haryana apartment ownership rule establishes clear guidelines for property ownership, maintenance procedures, and dispute resolution mechanisms while ensuring transparent...