Tax

As senior citizens enter their retirement years, managing finances becomes crucial. One significant aspect of financial planning for seniors is understanding the property tax benefits available to them. These benefits can offer substantial savings, making homeownership more affordable and financially manageable. This article deals with the various senior citizen property tax exemptions, the eligibility...

Buying a house is often the biggest financial decision of your life. Real estate in India is deeply tied to emotions, tradition and aspirations, and for Indians, it can be easy to let the excitement of home buying overshadow practicality. This is why it is important to be aware of the financial implications of your decisions and avoid the most common mistakes when buying a house in India. Since you’re...

Owing a Property is a huge milestone, but it comes with its fair share of responsibilities. This includes understanding your taxes and more. One term you’ll often come across while filing taxes is the annual value of house property. If you are a new taxpayer, this may be something difficult to understand. In this blog, we’ll look into what the annual value of house property means, how to calculate...

Long-term capital gains (LTCG) tax on property is a pivotal aspect for high-net-worth individuals (HNIs) in India, especially when engaging in real estate transactions. Understanding the nuances of LTCG tax regulations is essential for effective financial planning and optimizing tax liabilities. Recent Developments in LTCG Taxation In the Union Budget 2024-25, significant amendments were introduced...