News for 'Property tax'

Digipin: Mapping Addresses Digitally

Digipin: Mapping Addresses Digitally

Rediff.com16 Jun 2025

Digipin promises to revolutionise location-based services in India with safeguards.

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

Rediff.com16 Apr 2025

The Enforcement Directorate (ED) has filed a chargesheet in the National Herald case, accusing Congress leaders Sonia Gandhi and Rahul Gandhi of a "criminal conspiracy" to "usurp" properties worth Rs 2,000 crore of its public company AJL by transferring 99 per cent shares for just Rs 50 lakh to their private company Young Indian. The ED has named Sonia Gandhi as accused no 1 and Rahul Gandhi as accused no 2 in the chargesheet, which was filed under various sections of the Prevention of Money Laundering Act (PMLA).

Budget 2025: What realtors want from Nirmala Sitharaman

Budget 2025: What realtors want from Nirmala Sitharaman

Rediff.com13 Jan 2025

As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.

Can You Inherit Taxes?

Can You Inherit Taxes?

Rediff.com25 Jun 2024

Not filing an ITR or paying the tax dues on the deceased's behalf can lead to penal consequences.

'No Sunset Clause For Old Tax Regime'

'No Sunset Clause For Old Tax Regime'

Rediff.com25 Jul 2024

'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a slight increase, but for unlisted shares, where indexation benefits are removed, there is a reduction in rates, benefiting unlisted companies, venture capital firms, etc.' 'Similarly, in real estate, wherever returns are higher, the new structure is beneficial. In very few cases, returns are lower, and those are more of an exception.'

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

'Your EPF Withdrawal Is Tax-Free, If...'

'Your EPF Withdrawal Is Tax-Free, If...'

Rediff.com15 Oct 2024

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Selling Jewellery? You Can Save Capital Gains Tax

Selling Jewellery? You Can Save Capital Gains Tax

Rediff.com30 Apr 2024

Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.

Missed Tax Return Deadline? What To Do

Missed Tax Return Deadline? What To Do

Rediff.com13 Aug 2024

Submitting a late return helps you stay compliant with tax regulations and avoid legal issues.

'Is Gratuity Above Rs 20 Lakh Taxed?'

'Is Gratuity Above Rs 20 Lakh Taxed?'

Rediff.com20 Feb 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Trump's drug price cut plan may put pressure on India

Trump's drug price cut plan may put pressure on India

Rediff.com12 May 2025

US President Donald Trump's plan to sign an executive order to cut prescription drug prices by 30-80 per cent could lead to a global price adjustment with pharma firms pushing lower-cost countries like India to raise prices, according to the economic think tank GTRI. The US move could push prices in lower-cost countries like India as manufacturers would seek to recover losses and R&D costs from these nations.

What are India's free trade agreements?

What are India's free trade agreements?

Rediff.com6 May 2025

India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. The other regions and countries with which India has signed such agreements include the four-nation European bloc EFTA, Japan, Korea and Australia.

Tahawwur Rana's extradition will expose Pak state actors' role in 26/11

Tahawwur Rana's extradition will expose Pak state actors' role in 26/11

Rediff.com9 Apr 2025

Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, is expected to be extradited to India from the United States soon. The US Supreme Court denied his last-ditch effort to stop his extradition, moving him closer to being handed over to Indian authorities. Rana's extradition is expected to help probe agencies expose the role of Pakistani state actors behind the attacks and shed new light on the investigation. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.

Want To Take Terrorism Insurance?

Want To Take Terrorism Insurance?

Rediff.com8 May 2025

Some products offer terrorism cover as part of the base offering, while in others it is an optional cover.

50 embroiled in land dispute join BJP hours after Waqf Bill passed

50 embroiled in land dispute join BJP hours after Waqf Bill passed

Rediff.com4 Apr 2025

Hours after the Waqf (Amendment) Bill was passed in Parliament, 50 individuals embroiled in land disputes in Kerala's Munambam joined the BJP, hoping for a resolution to their claims. The residents, who have been protesting for 174 days, allege that the Waqf Board is claiming ownership of their properties. BJP leader Rajeev Chandrasekhar assured them of the party's support and a meeting with Prime Minister Narendra Modi to express gratitude. The BJP capitalized on the Catholic Church's support for the legislation, accusing the Congress and the Left of appeasement politics. The opposition, however, questioned the impact of the bill on the Munambam issue.

A Financial Plan For Young Indian Family

A Financial Plan For Young Indian Family

Rediff.com12 Feb 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

1 In 5 Super Rich Indians Plans To Move Abroad

1 In 5 Super Rich Indians Plans To Move Abroad

Rediff.com27 Mar 2025

These super-rich Indians intend to reside in their chosen host country permanently while retaining their Indian citizenship.

How property tax can solve India's infrastructure woes

How property tax can solve India's infrastructure woes

Rediff.com25 Jun 2013

If trained staff is employed, this revenue stream can be a big source of income for municipalities.

'Help: Paid tax, still got IT demand notice'

'Help: Paid tax, still got IT demand notice'

Rediff.com6 Feb 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries

Will German Visa Rules Affect Students?

Will German Visa Rules Affect Students?

Rediff.com10 Jun 2025

Ritika Gupta, a study abroad expert and founder of Aaera Consultants, explains how Germany's new visa rules will affect international students and working professionals.

SC judges make assets public, CJI owns 2015 Maruti Swift

SC judges make assets public, CJI owns 2015 Maruti Swift

Rediff.com6 May 2025

The Supreme Court of India has made public the asset details of its judges, including Chief Justice Sanjiv Khanna who has Rs 55.75 lakh in a fixed deposit, a three-bedroom DDA flat in south Delhi, and a four-bedroom apartment measuring 2,446 square feet in the Commonwealth Games Village. The court has also uploaded the complete process of appointments to the high courts and the Supreme Court on its website for public awareness.

Rana visited north, south India before 26/11, extradition key: Officials

Rana visited north, south India before 26/11, extradition key: Officials

Rediff.com16 Feb 2025

Tahawwur Hussain Rana, a Pakistan-born Canadian national and close associate of David Coleman Headley, could be extradited to India in connection with the 26/11 Mumbai terror attacks. Rana's travel history in parts of north and south India before the attacks in 2008 is expected to provide crucial leads for the investigation. His extradition would mark the third person to be tried in India for the attacks, after Ajmal Kasab and Zabiuddin Ansari alias Abu Jundal.

'With 1 Cr At 32, Can I Retire By 50?'

'With 1 Cr At 32, Can I Retire By 50?'

Rediff.com3 Mar 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

How To Create Wealth And Retire Early? Ask rediffGURUS

How To Create Wealth And Retire Early? Ask rediffGURUS

Rediff.com4 Apr 2025

Start your journey to financial freedom today. Ask your questions and let our experts show you the way to a secure and prosperous future.

'How to avoid capital gain tax on sale of land?'

'How to avoid capital gain tax on sale of land?'

Rediff.com14 Mar 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Tahawwur Rana lands in Delhi, NIA records arrest

Tahawwur Rana lands in Delhi, NIA records arrest

Rediff.com10 Apr 2025

Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, was brought to India on Thursday after being "successfully extradited " from the US, the National Investigation Agency (NIA) said. The 64-year-old Canadian citizen of Pakistani origin landed in Delhi in a special plane on Thursday evening, ending days of speculation of when and how he will be extradited, officials said. The NIA said in a statement that it had secured the successful extradition after years of sustained and concerted efforts to bring to justice the key conspirator behind the 2008 mayhem that claimed 166 lives. Rana is accused of conspiring with David Coleman Headley alias Daood Gilani, and operatives of designated terrorist organisations Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) along with other Pakistan-based co-conspirators, to carry out the the three-day terror siege of India's financial capital.

ITR: 'Can I Carry Fwd 2.52L Trading Loss?'

ITR: 'Can I Carry Fwd 2.52L Trading Loss?'

Rediff.com12 Feb 2025

rediffGURU Samkit Maniar answers readers' personal income tax queries.

Seized cash, gold worth Rs 52 cr belonged to MP ex-cop, claims ED

Seized cash, gold worth Rs 52 cr belonged to MP ex-cop, claims ED

Rediff.com26 Mar 2025

The Enforcement Directorate (ED) in India has declared that cash and gold worth approximately Rs 52 crore, seized from an abandoned SUV in Madhya Pradesh last year, belonged to former state transport department constable Saurabh Sharma. The ED's statement ends months of speculation about the ownership of the seized assets and comes as part of an ongoing investigation into corruption charges against Sharma. The agency has also attached assets worth Rs 92.07 crore belonging to Sharma and his associates, alleging they were acquired through illegal means.

'Bad Idea To Buy In Overheated Market?'

'Bad Idea To Buy In Overheated Market?'

Rediff.com14 Apr 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

'Retirement Goal: Rs 2 Cr. Possible?

'Retirement Goal: Rs 2 Cr. Possible?

Rediff.com10 Jan 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Jailed Gujarat scribe booked in fifth case for extorting realty agent

Jailed Gujarat scribe booked in fifth case for extorting realty agent

Rediff.com24 Jan 2025

Jailed journalist Mahesh Langa, already facing multiple charges, has been booked in a fresh case for allegedly extorting Rs 40 lakh from a real estate agent by threatening to malign his image and implicate him in a false case. This is the fifth FIR registered against him since his arrest in October 2023 for an alleged Goods and Services Tax (GST) scam. The latest case was registered based on a complaint by Janak Thakor, a real estate agent, who alleged that Langa threatened to write negative articles about him and trap him in a false case unless he paid the money. Langa has been in jail since his arrest in October and is facing charges in four previous cases registered by Ahmedabad, Gandhinagar, and Rajkot police.

'Am I To Reveal This Info To I-T Dept?'

'Am I To Reveal This Info To I-T Dept?'

Rediff.com8 Oct 2024

rediffGURU T S Khurana answers readers' personal income tax queries.

Godrej Properties on solid growth foundation amid strong pre-sales

Godrej Properties on solid growth foundation amid strong pre-sales

Rediff.com6 Jul 2024

Godrej Properties (GPL) reported strong pre-sales of Rs 22,500 crore in FY24, up 84 per cent year-on-year (Y-o-Y). The performance was led by new launches, which increased 65 per cent to Rs 23,000 crore in FY24, and contributed 70 per cent to total pre-sales. The sales volume increased 31 per cent Y-o-Y to 20 million square feet (msf), while realisation rose 40 per cent Y-o-Y, driven by contribution from high-realisation markets of National Capital Region (NCR) Delhi and Metropolitan Mumbai Region (MMR) and positioning in the premium segment.

Property Sale: NRIs Can Repatriate Funds

Property Sale: NRIs Can Repatriate Funds

Rediff.com5 Dec 2022

NRIs can repatriate the proceeds from the sale of a residential property in India, provided they meet a few conditions.

Pre-Budget talks: Industry bodies suggest tax reforms to revenue secy

Pre-Budget talks: Industry bodies suggest tax reforms to revenue secy

Rediff.com19 Jun 2024

Three industry bodies suggested changes in India's tax regime in their pre-Budget discussions with Revenue Secretary Sanjay Malhotra in New Delhi on Tuesday. The bodies - Confederation of Indian Industry (CII), PHD Chamber of Commerce and Industry (PHDCCI), and Federation of Indian Chambers of Commerce & Industry (FICCI) - held separate meetings with Malhotra during the day and put across their suggestions for the upcoming Budget.

More than 90% taxpayers may switch to new regime: CBDT chief

More than 90% taxpayers may switch to new regime: CBDT chief

Rediff.com2 Feb 2025

The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said. Agrawal also highlighted the government's focus on "non-intrusive" tax administration through enhanced use of Artificial Intelligence (AI) and simplified tax processes for common taxpayers. He emphasized the benefits of the new tax regime (NTR), which offers simple calculations and allows taxpayers to file their ITR without professional help. The CBDT chief stated that the Budget provisions related to income tax payment benefit all income earners, not just those earning Rs 12 lakh per annum, creating a positive sentiment in the economy and propelling growth. The department is also harnessing technology, including AI and data analytics, to widen and deepen the tax base, resulting in increased compliance and tax revenue. Agrawal further highlighted the positive impact of data availability and simplified tax processes on compliance rates, citing examples of taxpayers filing revised returns and paying taxes after being prompted by the department's data analysis.

'Any tax liability for women earning 6L via stocks?'

'Any tax liability for women earning 6L via stocks?'

Rediff.com27 Feb 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries

Investing In Real Estate? Read This

Investing In Real Estate? Read This

Rediff.com20 Jul 2024

In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.

Money Dispute Over Property: Here's Some Advice!

Money Dispute Over Property: Here's Some Advice!

Rediff.com28 Dec 2023

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

'Can I Earn Rs 30k Monthly On Rs 50L?'

'Can I Earn Rs 30k Monthly On Rs 50L?'

Rediff.com10 Apr 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.