Finance

Buying a house or plot is exciting — but with the keys comes paperwork and taxes. One of the most overlooked obligations is Tax Deducted at Source (TDS) on property purchase. If you don’t deduct or deposit it properly, you may face interest, penalties, or even prosecution. This guide breaks the topic into plain English so you can buy with confidence. Understanding TDS on Property Purchase What...

Buying a home in India is more than just a financial decision — it’s an emotional milestone. Yet, soaring construction costs and multiple layers of taxation have kept many potential buyers on the sidelines. This September, the government announced a major GST cut on key construction materials, and the move is already being hailed by CREDAI (Confederation of Real Estate Developers’ Associations of...

Imagine this: you’ve invested your life savings—or taken a big home loan—to buy your dream home. You’re paying EMIs. You’ve moved out of your parents’ place. But the construction drags, delays pile up, maybe it’s even stalled. It’s a nightmare. Sadly, this is the reality for many homebuyers in India, caught in stalled real estate projects—promises made, payments done, but delivery...

If you live in Ranchi or own property here, chances are you’ve heard about holding tax. But what exactly is it, and why does it matter? Think of holding tax as a small price you pay to keep your city running smoothly—roads, streetlights, sanitation, and all those little things that make urban life bearable. Paying it on time isn’t just a civic duty; it’s also a smart move to avoid fines and...

Buying a home stands among life’s most momentous decisions—one steeped in hope, excitement, and the allure of stability. Yet the journey toward owning property is also paved with misconceptions, outdated advice, and financial pitfalls that can cloud judgement. Let’s dismantle some of the most persistent myths of modern homebuying and shine a light on the path to clarity. Real Estate Finances:...

Buying a home is one of the most emotional and life-changing decisions an Indian family makes. From saving for years to browsing glossy brochures and finally walking into the dream apartment, the journey is both exciting and overwhelming. But amid this excitement, many buyers are caught off-guard when they realize that the “base price” advertised by builders is only part of the story. In reality,...

Ever heard of someone selling property worth ₹6 crore and paying zero income tax? That’s not a loophole, but a real case that unfolded in Mumbai. A wife who sold two houses gifted by her husband walked away with no tax burden, thanks to a ruling by the Income Tax Appellate Tribunal (ITAT) Mumbai. Let’s break down this fascinating case in detail, understand what really happened, and see what...

Imagine living in a house worth crores but struggling to meet daily expenses. Sounds ironic, right? This is the reality for many senior citizens in India. Their wealth is tied up in their homes, yet liquid cash is scarce. Enter reverse mortgage—a financial tool that lets seniors convert their home equity into regular income without selling their beloved home. But is it truly the golden solution for...

In India, land isn’t just a piece of property—it’s an emotional and financial legacy, often inherited from ancestors. With cities expanding rapidly, developers frequently approach landowners with lucrative offers: “Give us your land, and in return, we’ll build apartments or commercial complexes, and you’ll get a share.” Sounds tempting, right? But here’s the reality—thousands of...

When we talk about trade wars, our minds often wander to shipping containers, ports, and global supply chains. But what if I told you that a diplomatic clash thousands of miles away could decide whether a factory worker in Tiruppur, a jeweler in Surat, or a machinist in Ludhiana can ever buy a modest PROPERTY in their hometown? That’s exactly the story unfolding in India today. The United...