Property Tax

Capital gains tax on inherited property is a crucial financial consideration that impacts how beneficiaries manage and sell inherited assets in India. When you inherit property, while there's no immediate tax liability, selling the property triggers capital gains tax based on the apprecia

Owning a property comes with several risks and responsibilities. One of the significant responsibilities is ensuring that you pay property tax regularly to the municipal corporation operating in that region. In Pimpri-Chinchwad, PCMC is responsible for collecting property tax, either annu

Owning property in Kolkata comes with the responsibility of paying Kolkata Municipal Corporation (KMC) property tax. Property tax is the yearly tax imposed by the government on real properties. Respective local governments raise these monies to offer public facilities and other services.

Owning a property in Mumbai comes with its fair share of expenses. From hefty down payments to recurring expenses such as maintenance fees, utilities, and property taxes, being a property owner in Mumbai demands careful financial planning.

Property owners have to pay an annual property tax to their respective state governments, whether residential or commercial. Similarly, the AP House Tax is an essential source of income for the state's urban local bodies (ULBs). This money is used for uplifting the local infrastructure, i

Buying property involves legal obligations beyond signing. GHMC Property Tax in Telangana is crucial to avoid land seizure. GHMC, Greater Hyderabad Municipal Corporation, collects taxes from residents. It's one of India's largest municipal corporations, serving 7.9 million people across 6

Are you a resident of Bangalore? Bangalore is a beautiful city to reside in and raise a family. However, if you own real estate in Bangalore, residential or commercial, you must pay an annual BDA property tax. Each city has a municipal corporation to which residents are required to p

Are you a working professional, landlord, or employee wondering about the House Rent Allowance (HRA) under Section 10 13A of the Income Tax Act? Well, you have come to the right place. In this blog, we will give you a comprehensive understanding of house rent allowance under Section 10 13