Finances

The real estate sector, often referred to as the backbone of the Indian economy, is eagerly awaiting the announcements of the upcoming Union Budget 2025. As a sector that contributes approximately 7% to the country's GDP and is expected to grow to $1 trillion by 2030, its significance cannot be overstated. The government’s policy decisions in the financial budget play a crucial role in shaping the...

The Reserve Bank has just rolled out a helpful plan to assist those dealing with high interest rates. If you have a home loan, auto loan, or any other type of loan, you'll soon have the option to switch from uncertain floating interest rates to stable fixed rates. This switch could provide some relief to borrowers facing financial uncertainty. The plan was introduced by Reserve Bank Governor Shaktikanta...

ax Savings Exposed - CA reveal dubious tactics, transparency in I-T returns: Tips for Home Loan & Rent Deductions for Salaried Employees.

If you are planning to sell a property in India, it is important to be aware of the capital gains tax implications. The amount of tax you will have to pay will depend on the type of property, the holding period, and the amount of profit you make on the sale. Types of capital gains There are two types of capital gains on the sale of property in India: short-term capital gains and long-term capital...

The Liberalized Remittance Scheme (LRS) is a government of India initiative that allows Indian citizens to remit up to $250,000 per year for the purpose of overseas investment. This includes the purchase of international property. The LRS has made it much easier for Indian citizens to invest in international property. Previously, there were a number of restrictions on overseas investment, making it...

Recent TCS (Tax Collected at Source) announcement by the Indian Government and its implications for real estate investors.

Hiring a real estate advisor can prove to be really helpful for you if you want to buy or sell your house. In this article, we will look at some of them.

Going into the financial year 2023-24, the government has revised the tax-paying category. In this article, you'll get to know in which category you fall and how much tax will you pay.