Property insurance is an essential safeguard for every homeowner. Discover the top reasons to invest in property insurance and protect your home, belongings, and finances from unexpected events. Property insurance is more than just a financial safeguard; it's a crucial layer of protection for one of your most valuable assets—your home. Here are compelling reasons every homeowner should consider...
Property Transactions
Learn how to save on capital gains tax when selling your residential property with our ultimate guide. Explore legal strategies like reinvestment exemptions, Section 54EC bonds, and Capital Gains Accounts to maximize your earnings! Selling a residential property can be a significant financial milestone, but it often comes with one unavoidable aspect—capital gains tax. In India, when you sell a...
Discover all you need to know about Power of Attorney for NRIs buying property in India. Learn the types, requirements, and essential precautions to ensure a secure and seamless property transaction. For Non-Resident Indians (NRIs) looking to invest in property back home, managing transactions from abroad can be challenging. The Power of Attorney (PoA) simplifies this process, allowing NRIs to delegate...
When buying property in India, one of the essential aspects to consider is the Tax Deducted at Source (TDS). The government requires a certain percentage of the property transaction value to be deducted at source during the payment process. This TDS is then remitted to the Income Tax Department, ensuring that the property transaction is recorded and tax compliance is maintained. What is TDS on...