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Tax Relief For Owners Of Multiple PropertiesWhile giving its order on a case where the assesse owned three properties and made changes during actual assessment, the Mumbai Bench of the Income Tax Appellate Tribunal said that the Income Tax Act nowhere stated that the option of selecting a self-occupied property, once exercised, cannot be changed.
#InternationalWomensDay: A Woman’s Guide To Home LoaAlthough no bank or financial institution discriminates among any home-loan applicants, there are some special incentives made available to women borrowers. Women are, for instance, eligible to get discount of 0.05 per cent on the interest rate. Besides the reduced interest rate, women home loan borrowers are eligible for relaxation in stamp duty and registration charges as well. What else do they get when they apply for a home loan?
Budget & Tax: On Path To Prudence, Jaitely Skips TaxBefore Budget, the Deloitte Personal Tax Survey 2018 had said that a reasonable reduction in the existing personal tax rates would bring cheers to the taxpayers, especially in the wake of rising inflation and reducing purchasing power. Fifty five per cent of the respondents that took part in the survey wanted the basic exemption limit on income tax to be raised from Rs 2.5 lakh to Rs 5 lakh. In his tightrope walk on the path of fiscal prudence, the finance minister left urban India's salaried individuals largely unattended.
Budget 2018: Steps That Would Bring Home Buying In VThe Budget wish-list from the real estate might seem to be carrying certain unreasonable demands. However, desperate times call for desperate measures—the second-biggest employment generating sector in India is suffering from a major fall in new launches and a significant fall in sales numbers. While the FM in Budget 2018-19 must announce measures that would enable the sector to overcome its long-going ailments, states must also try to focus on the same points in their respective Budgets.
Interesting Facts About World's Highest Railway BridWork is in progress in full swing to help India have the privilege of hosting the tallest railway bridge soon. Taller than the Eiffel Tower, the Chenab Bridge is going to be an architectural marvel. Built over the river of the same name in Jammu and Kashmir, the Chenab Bridge is will be 1.315 kilometres long and 359 metres tall. This makes it 35 metres taller than the Eiffel Tower. The bridge is 1,178 feet above the sea level of Chenab on the Kauri side.