Kruthi, Author at The NoBroker Times

Kruthi is a Chartered Accountant has worked for various Real Estate firms across India, she is well versed with the legal and financial aspects of all real estate transactions. There are numerous documents and plenty of hidden fees that people get lost in, her goal is to shed some light on it all.

Finance Tips for Homeowners & Buyers

Tax Deduction Under Section 80g of the Income Tax Act

In our society, we are always encouraged to donate money to various charitable funds. Even though it is a matter of choice, most people start contributing a certain amount after achieving financial stability. Most cultures believe in giving back more than they receive from society. Even though...

Updated on January 31, 2025

Real Estate Legal Guide & Laws

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

Real Estate Legal Guide & Laws

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

Property Selling Tips & Guides

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

Real Estate Legal Guide & Laws

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...