Property in Jammu: an overview
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- Houses built using reinforced thermocol are known to bring down the construction cost by over 30 per cent when compared to a conventional home.
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.
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.
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.
Interesting Facts About World's Highest Railway Bridge On ChenabWork 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.