We have written two articles about buying property in the open market [1. Buying property from NRI and consequence of Non Deduction of Tax 2. 7 things you must know about Income Tax before buying property from Non Resident Indian (NRI)]   One of the recent issues of sale …

  The advantage is for the urban rich people. The increased urbanization has opened a steady source of income for building owners. In metro and A1 cities, to rent a small one BHK (Bedroom Hall Kitchen) house, one has to pay Rs.10000 per month. The rentals of commercial building are …

  I have listed about 10 changes which may happen on introduction of Goods and Service Tax (GST) in India. Hope this helps.   Answerable to two departments – Presently, those who are providing services have to file returns with Service Tax department and those who are selling goods have …

Don’t act so surprised, Your Highness. You weren’t on any mercy mission this time. Several transmissions were beamed to this ship by Rebel spies. I want to know what happened to the plans they sent you. In my experience, there is no such thing as luck. Partially, but it also …

  Nothing wrong in tracking one of the most talked tax reforms in India ie Goods and Service Tax. This is the second article [Earlier Article: basics of  GST the biggest tax reform in India] on this topic in our blog. We will continue to write about this topic regularly. This article …

  In the previous article I wrote about the difference between an ORDINANCE and a BILL. Now in this article let us learn about the process of a Bill becoming an Act. A Bill is a draft proposal of law. A Bill will become an Act after it passes through …

  Purchase of property in India from Non-Resident Indians (NRI) is a bit tricky when compared to buying it from Resident Indians.   TDS at the time of buying the property – You may be aware about Tax Deduction at Source (TDS) to be done at the rate of 20.6% …