Property Sellers Guide

As per the 2024 union budget, the tax rate for short-term capital gains is 20%. This has been increased from 15% to 20%. As citizens of India, we have to pay taxes. When you sell things like stocks or property and earn a profit, the government takes a part of that profit as tax. Understan

Sold a long-term property and facing capital gains tax? Section 54EC of the Income Tax Act can be your saving grace. This section offers a valuable tax exemption for taxpayers who strategically reinvest their capital gains. Let's delve into the details of Section 54EC and understand how y

Section 50C of Income Tax Act 1961 defines the process for calculating capital gains from the sale of immovable properties. It specifies that if the sale price is lower than the stamp duty value, the latter will be considered for tax purposes. Have you ever wondered if selling your proper

Section 27 of the Income Tax Act 1961 is a rule that helps the government collect taxes fairly. It says that sometimes, a person might have to pay tax on a property even if they don't officially own it. This rule exists because some people try to avoid taxes by pretending to give their pr

The Indian taxation system is designed to ensure efficient revenue collection for the government’s functioning. Section 54F of the Income Tax Act offers an interesting investment benefit in a new house. However, taxpayers, especially those selling immovable properties like land or buildin

Embarking on the journey of selling your house in India involves more than just finding a buyer and agreeing on a price. The process is intricately woven with a series of legal

Welcome to the intriguing world of Indian real estate, where houses aren't just structures; they are stories waiting to be told in the language of rupees and bricks. In this journey through the labyrinth of property values, we'll navigate the twists and turns that define the complex art o

Home selling can be a complex and emotional journey, but avoiding these mistakes when selling your home is essential for a successful and stress-free experience. Whether you're a seasoned seller or a first-timer, steering clear of these mistakes will help you navigate the process smoothly