If the property is inherited from one generation to another, the person who inherits it cannot pass it on as s/he wishes, points out Rajesh Narain Gupta, managing partner, SNG & Partners.
The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.
Owning property in Gurgaon is set to become more expensive with the Gurgaon Municipal Corporation planning to impose property tax.
SVAMITVA is a new government project that primarily aims to demarcate abadi areas that includes inhabitant land, inhabited areas contiguous to abadi and wadis/basties in rural areas, using drone surveying technology.
Mobile applications will now take centre-stage as Bharti Airtel grows its business.
The prosecutor general's office said Benfica Vice President Fernando Tavares was also a suspect in the case, along with a high-ranking judge and nine other people, five of whom were detained in a police operation on Tuesday.
The uproar against outsourcing work to Indian IT service providers has risen once again as Nielsen Co, the media company which signed a $1.2-billion outsourcing deal with Indian IT services provider Tata Consultancy Services last October and is facing strong criticism for announcing it, would lay off 117 workers this month at its largest global technology centre in Oldsmar, Florida. It has 1,700 employees at this facility.
'Mr Kejriwal is almost exactly the package that Mr Modi offers: Personal aggrandisement, the building of a personality cult through full-page newspaper ads day after day, populist schemes involving subsidies (whether affordable or required), abandonment of secular principles, exaggerated claims and no checks on leadership,' points out T N Ninan.
Deduction on home loan interest cannot be claimed when the house is under construction
Besides making property more expensive, these also affect the existing owners with higher taxes
Last year, his family forced Kishore Singh not to write anything about them...
You pay the mediclaim insurance premium of your brother's policy from your salary. Will you be eligible for tax deduction? Will your bonus and ex gratia be tax exempt?
New York City says the governments of India and Mongolia owe it over $18 million in property taxes on buildings these countries use to house staff of their United Nations missions.
Expressing happiness over completion of one year in the office, Delhi CM Arvind Kejriwal on Sunday said the bonding between the AAP and the national capital is deep and everlasting.
The time is ripe for debate on city governments in India.
The Board of Control for Cricket in India released pending payments to various stakeholders which include Test match centres, state bodies, match fee of India players besides salary of coaches and commentators.
The project, code-named MF101 by Foxconn, will be spread across 1,500 acres at Talegaon or Khopoli.
India has rejected New York City's contention that it is using the 26-storey building owned by it near the United Nations in Manhattan for commercial purposes.\n\n\n\n
The 30-year-old Democrat ran a spirited race in the 7th Congressional District in New Jersey, which is a Republican bastion.
They say it will have severe impact on their financial strength
New ventures are emerging to take the stigma out of this garbage sorting business.
If elected, Singh would be the third Indian-American ever elected as a Governor of a State.
Free 35 kg rice a month, free power supply to farmers, crop loans to peasants at zero per cent interest rate are among the sops promised by Congress in its manifesto for Chhattisgarh assembly elections scheduled this month.
While the Reserve Bank and the Economic Survey of the finance ministry have projected India to grow at 6.9 per cent and 6.5 per cent in current fiscal, the International Monetary Fund estimates it to be 6.6 per cent.
SMC will work with Microsoft and its partners to bring solutions for water management and urban planning
Retired English football star David Beckham is considering a proposal to build a sports high school at a new football stadium in Miami as part of his quest to bring a Major League football team to the city.
'All of us have believed in decentralisation. You may not like property taxation, neither do I. My solution is that the Centre does the tax collection, but we can give a matching grant instead of redistribution,' says the outgoing CEA, Arvind Subramanian.
The company is accused of making a series of false promises and intentional misrepresentations.
Seven of the 30 largest U.S. corporations paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a study released on Tuesday that was disputed by at least one of the companies.
The emphatic victory in all three municipal corporations in Delhi will enthuse the party to keep its winning trajectory for the next polls, reports Sahil Makkar.
Managing your money in January will set the trend for rest of the year, says Adhil Shetty.
Realtors expect BMC's 'single window' clearance to be a game changer, leading to correction in property prices.
The city has the highest vehicle density in the country
For 'a person who has dedicated his life to teaching students, guiding them to restoring monuments and preserving our built heritage, I never dreamt that my home will one day be demolished.'
The city needs some autonomy, or it will continue to decline in all the ways that are familiar, observes T N Ninan
The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.
Google will build its largest campus outside the Unites States in Hyderabad.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
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