Property in Jammu: an overview
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- Execution of the sale deed is technically the concluding part of a property-purchase process. Let us see what all a sale deed consists of and how it is executed.
Tamil Nadu Uses Reinforced Thermocol To Construct Cheaper HomesHouses built using reinforced thermocol are known to bring down the construction cost by over 30 per cent when compared to a conventional home.
J&K Abolishes Stamp Duty For Women HomebuyersIf you are a woman buying a property in Jammu and Kashmir, you do not have to worry about stamp duty. The Jammu and Kashmir government on May 11 abolished stamp duty on sale of properties registered in the name of women. Stamp duty charges have also been reduced for men.
Tamil Nadu, Andhra, Haryana Among Worst Performers In Waste ProcessingAccording to data available on the urban affairs ministry website, over 75 per cent of the total waste collected across India by municipalities goes unprocessed every day. In India, on an average, over 1.43 lakh metric tonne of garbage is generated every day. Of this, only 35,000 metric tonne is processed while the remaining 1.11 metric tonne is left in open.
What The Law Says About Taxation Of A Private TrustPrivate trusts are effective tools for estate planning and succession of property. The income generated out of a private trust is taxed based on the structure. That is, for a specific trust where individual shares are specified, the tax is recovered as per the rate applicable to the total income of the beneficiary. In a discretionary trust, where the individual shares are not known, they are assessed in the hand of the trustees as per the tax bracket under which they fall. Tax on the business income of a trust is charged on the maximum marginal rate.