Highlights:-
Finance minister Piyush Goyal presented the Union budget for 2019.The government announced assured farmer income and pension for unorganised sector workers.Income tax exemption limit has been raised to Rs 5 lakh from Rs...
* Individual taxpayers with annual income up to 5 lakh rupees to get full tax rebate.
* Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if...
100 Key Highlights of Union Budget 2017 presented by FM Piyush Goyal FY 2018-19
Individual tax payers earning income up to Rs 5 Lac will get full tax rebate, ensuring if you invest...
The rebate under section 87A of Income tax Act 1961, which is available since assessment year 2014-15 is raised to ₹12,500 from existing ₹2,500. The amount of rebate is 100% of income tax payable on the total taxable income...
The taxation on property purchase, has become much simpler than it was before. With the roll-out of the Goods and Services Tax (GST), several taxes previously applicable on real estate purchase (VAT, service tax, etc.) have been...
Thanks to the RBI's latest mandate (wherein banks would now have to link loans across categories to floating interest rates), new and existing home-owners will get more transparent home loan deals.
Home loan borrowers...
A credit score is a financial identity which reflects your ability to pay back to your lenders. Many people get disappointed when banks reject their loan applications. They try to find alternate ways to borrow at high interest rates....
Faced with liquidity crunch, realtors' apex body CREDAI on December 6 sought one-time restructuring of loans provided to the sector as well as a dedicated fund for the completion of stalled housing projects.It also demanded reduction in the GST rate for...
क्या आपने भी भूल से किसी अपने जानकार की जगह अज्ञात व्यक्ति के बैंक अकाउंट में ट्रांसफर कर दिए हैं? टेक्नोलॉजी उन्नत होने के साथ ही किसी भी व्यक्ति को पैसे भेजना अब चुटकी बजाने जैसा काम रह गया...
Festive times are always considered auspicious for buying a piece of property. There can’t be a better time to buy that dream home than this, when apart from being the most auspicious time of the year, houses are available...
Home loan comes to the rescue of first-time home buyers looking to book a property with limited funds for down payment. Availing a home loan also has additional benefits. Read on to know more about the benefits provided to first-time...
Lately, we have noticed that a significantly higher number of people are transferring their home loan from one bank to another. But what could be the reason behind this move? Well, it is believed that usually a person undertakes...
Whether or not you will be able to materialise your home purchase plans would largely depend on the acceptance or rejection of your home loan application that your bank might be processing. At this point, it is worth mentioning...
Presently, Indian real estate is a very popular investment option for most NRIs. However, since they live abroad, it becomes more important for them to do proper due diligence before risking their money.
Mandatory checks
Nowadays, many Indian developers conduct roadshows...
Retrenchment, an accident, a prolonged illness or business losses, can all lead to a situation where a borrower is unable to pay his home loan EMIs. Here are a borrower’s options in such a situation:
Plan a contingency fund
Before you take a...
Announcing a series of benefits for senior citizens, finance minister Arun Jaitley, on February 1, 2018, said the exemption limit on income from interest for them has been raised five times, to Rs 50,000 per year. At the same...
Home is where the heart is. It is everyone’s dream to own a home, but the burden of EMIs also plays on the mind. Read more to know how the tax benefit on Home Loan can ease your outflow.
A Home Loan...
Union Budget 2018 will be very crucial, especially for real estate sector, as it would be the last full budget before the Modi government faces re-election in May 2019.
The Modi government introduced a series of reforms, with Real Estate...
Every year, the Union Budget presents the Government with an opportunity to tweak the direction that the Indian economy is taking. Sometimes, hard decisions are taken which, while necessary, do not necessarily go down well with Mr Everyman.
At other...
Just two weeks before the Budget, GST Council is expected to consider a reduction in tax rates for some items, about 80 going by some reports, and the inclusion of real estate in its 24th meeting tomorrow.
The meeting comes...