Unlocking the Essentials of Section 27 in the Income Tax Act, 1961: An Easy Guide
In the realm of real estate investments, Housewise stands as a beacon, illuminating the path for investors through the intricate corridors of tax management in India, particularly focusing on the Capital Gain Account Scheme (CGAS). Let’s dive into the nitty-gritty of CGAS and comprehend how it can be a game-changer in managing your capital gains […]
Becoming well-versed with the labyrinth of the Income Tax Act, 1961 is pivotal for every taxpayer in India. Focusing on Section 54EC, this article unfolds the aspects and advantages of deductions on Long-Term Capital Gains (LTCG) tax pertinent to bonds. Delve into the core to unravel ways to optimize your tax savings and make strategically […]
Embarking on new adventures often means letting go of the old. The decision to sell our homes, be it for exploring new horizons or embracing the tranquility of retirement, usually signifies a step towards a new beginning. As we tread this path, Section 54 of the Income Tax Act becomes a crucial tool, providing a […]
An NRI always faces difficulties while selling property in India. Your physical presence is required for various purposes, but what can you do if you cannot visit India? This is where POA can help you. Register power of attorney in India according to below guidance. What is the Power of Attorney? A “Power of Attorney” […]
There are certain important documents required for selling property in India. Before purchasing the property, the buyer will examine the documents. Before finalizing the sale, the buyer may insist on checking the original paperwork. Apart from document its is also important to learn about tax on selling property in India. Below is list for NRI […]