'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
As many as 1,200 cows -- mostly abandoned, sick and injured -- have found a saviour in 59-year-old German national Friederike Irina Bruning.
A study conducted by CBRS reveals there are abundant homes lying vacant in urban India.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
Converting what was supposed to be an interim budget or a vote on account into an almost full-fledged budget announcement in the Lok Sabha, Finance Minister Piyush Goyal proposed an array of incentives for both middle-class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections.
Budget might turn out to be neutral for the sector.
Indians are the biggest non-Arab investors in Dubai's real estate market.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
If you were deputed abroad, filing income tax can be tricky.
Increase in service tax would make properties costlier to buyers.
Prince Victor Albert Jay Duleep Singh's mansion is located in one of south-west Kensington's most sought after residential addresses.
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
In his Budget speech, the finance minister said: "We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits."
There was no announcement from the government on guaranteeing a minimum basic income, which is the need of the hour. The announcements on portability of ration cards and affordable rental housing to workers are for the long and medium terms. Migrant workers need immediate relief.
Don't opt for a SWP when you have a regular cash flow. During such times, opt for a SIP.
'Defence and aerospace show huge potential thanks to the government's Make in India push.'
The club will relocate to the Olympic Stadium in Montjuic due to renovation work.
Physical assets such as gold and real estate have their own positives and negatives, while other financial assets such as mutual funds, stocks and bonds come with their pluses and minuses. Let us look at both options in a little more detail.
Budget carrier Go Airlines, which has rebranded itself as 'Go First', has filed preliminary papers for an initial share sale worth Rs 3,600 crore.
Sources at both IndiGo and Vistara say that some senior pilots and crew who have elderly parents at home had said that they would like to stay off the roster for now.
In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.
DLF has a land bank of 295 million sq ft, of which 50 million sq ft is under development.
Indrani laughed loudly. She looked like the cat that got the cream, smiling gaily. Vaihayasi Pande Daniel reports from the Sheena Bora murder trial.
The key risks against a fast recovery would include long delays in business travel resumption, delays in commissioning, etc.
In an attempt to woo the low income group, Bharat Sanchar Nigam Ltd on Tuesday announced a new scheme `Sulabh' for basic phone subscribers with the facility of only incoming calls at rentals ranging between Rs 99 to Rs 160 a month.
Don't trust what your broker tells you about a house you want to buy!
To revive the two state-run telecom operators, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), the government is likely to waive the one-time fee these telcos need to pay for retaining additional spectrum.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
As part of its plan to cut back on tax exemptions, the finance ministry may withdraw the 30 per cent rebate available on the total rental value of unoccupied properties in the forthcoming Union Budget.
When an NRI returns to India, he should be aware of his tax residency status.
'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging from 5 to 15 per cent, depending on the country of residence of FPIs from current rate of 20 per cent will provide a big cash flow relief for FPIs.'
Following Reliance's move to offer roaming at no extra charge, Sunil Mittal owned Bharti Group on Friday announced new roaming charges without monthly rental of Rs 99 and incoming calls costing just Rs 1.99 per minute.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The key demand drivers -- such as low home loan rates and income tax sops, particularly for affordable housing -- that supported the recovery in H2 FY2021, remain in place and will spur recovery again, feel experts.
The tax department was given the land at Mumbai's posh location, measuring 2,786 square metre, with a minimum capacity of 100,000 sq ft, in 1992. Instead of constructing an office building, the department recently took a few floors on rent at the nearby Air India building.
Sebi had last year put in place a separate regulatory regime for REITs.
The anticipated adverse impact on the economy and consequent uncertainty around employment prospects is likely to result in lower purchasing power.
In an online chat with Rediff.com readers, personal finance expert Anil Rego answered queries about the new tax regime announced in the Union Budget.
The report said leasing rates over the past two months have largely stabilised, with rents in some areas increasing in response to steady demand.
Rahul knew this was coming. That 'dirt' would be dug up.
