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Everything You Need to Know about Advance Tax Payment in India
Advance tax provisions are if the total amount of tax estimated for the year is more than Rs 10,000 and if they have sources of income other than their wage. This applies to income from rent, capital gains from shares, winners from the lottery, and fixed deposits, among other things.
Written by Kruthi
Published on August 17, 2023
The History of Real Estate in India: Post-Independence Growth and Change
India is a country with a long and rich history, and its real estate market is no exception. The real estate market in India has evolved significantly since independence in 1947, from a largely agrarian economy to a rapidly urbanising and industrialising nation.
Written by Prakhar Sushant
Published on August 14, 2023
Bengaluru: As Interest Rates Drop, the Young Want to Buy Property
December 1, 2020: The young are once again showing keenness to buy property. Analysts say the number of enquiries from younger people on buying property has risen sharply over the past few months, driven by a steep fall in rate of interest and the expectation that employers
Written by NoBroker.com
Published on December 1, 2020
Owner Need Not Pay Tax on Rent If Tenant Defaults, Rules ITAT
November 30, 2020: At a time when several renting contracts are being renegotiated and tenants are defaulting on rent given the pandemic, an Income-tax Appellate Tribunal has ruled that landlords need only pay tax if the rental income is actually received.
Written by NoBroker.com
Published on November 30, 2020
Karnataka Considers Ordinance to Reduce Stamp Duty from 5% to 2%
November 25, 2020: In a bid to give a fillip to the realty sector and attract more investments, Karnataka promulgated an ordinance to reduce stamp duty on land acquired for setting up industries from five per cent to two per cent for land costing up to Rs 20 lakh and cut from five per cen
Written by NoBroker.com
Published on November 25, 2020
Houses in city fringes in demand after Covid-19 outbreak: survey
Work from home culture has helped spread demand more evenly across cities and suburbs. In pre-Covid-19 days
Written by NoBroker.com
Published on November 23, 2020
Festive season to cheer up real estate
November 5, 2020: It would not be wrong to say that the unprecedented crisis has really made the real estate industry more innovative and tech-focused. There has been a wonderful role reversal. Earlier, homebuyers used to go house-hopping (if we could call it that) to shortlist houses tha
Written by NoBroker.com
Published on November 4, 2020
TNRERA registers 101 new housing projects in 43 days
October 29, 2020: The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has registered 101 housing projects over the last 43 days (between September 9 and October 22). Several of these projects that were registered by the state's rea
Written by NoBroker.com
Published on October 29, 2020