Recent Posts

My observations after walking in Lalbagh

I tried many things to keep myself fit. Went to the gym for couple of months (bought new shoes, gym kit, one year subscription, personal trainer, etc.), but lost interest half way, then tried treadmill at home. Treadmill is better used to hang clothes at home than as a fitness …

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A note on Gift Tax in India

The Gifts were taxed under The Gift Tax Act, 1958 and the same was repealed in 1998. As on date – there is no Gift Tax Act in India. However, Taxing Gifts have come in different avatar under the Income Tax Act. Basic terms to know – The person who …

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What you need to know about the Tenancy Act 2021

The provision of housing or renting of properties is regulated by the State Governments. Accordingly, each state government has its own law and in Karnataka, we have The Karnataka Rent Act, 1999 (as amended in 2001). This law is mostly on paper, not actively used by the parties concerned. To …

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