[ad_1] A day after parts of the city witnessed a flood-like situation, affected residents were toiled hard to clean their houses and commercial spaces through the day. However, they also expressed outrage over the poor management of the situation by government agencies due to which they suffered a loss of property. The most affected area […]
TDS on Sale of Property by NRI in 2022 [Complete Guide]
[ad_1] This article covers in detail the applicability of TDS on Sale of Property by NRI in India. In this article, the following topics have been explained in detail. Applicability of TDS on Sale of Property by NRI What is the Rate of TDS on Sale of Property by NRI? Amount on which TDS is […]
Capital gains tax on sale of property in India in 2022
[ad_1] Capital gains tax on sale of property in India is levied on the basis of the period for which the property was with the seller. If the asset was held for less than 2 years – it will be classified as short term capital gain and if the property was held by the seller […]
Distribution of property after the death of a person without a will in India
[ad_1] On the death of a person, his property is distributed among the persons specified in the will. However, if a person dies without leaving a will (i.e. he dies intestate), in such cases the property will be distributed according to the law on the basis of his religion. The succession of Hindus, Jains, Buddhists […]