News articles tagged Capital Gains

Real estate trends: Why are wealthy Indians purchasing opulent homes before the fiscal year’s end?

Luxury real estate transactions surged in India before the fiscal year's end, with ticket sizes ranging from ₹10 crore to over ₹100 crore. Experts attribute this to several factors including capital gains reinvestment limits and market volatility.

The Mumbai real estate market records a 21% YoY increase in property registrations but a 22% decline in stamp duty collections.

Mumbai's real estate market saw a 21% YoY increase in property registrations in February 2024, despite a 22% drop in stamp duty collections. Residential units dominate the market, with smaller apartments gaining popularity.

How to Save Capital Gain Tax on the Sale of Residential Property

This article explores capital gains tax on land sales, calculations, and exemptions under Section 54F, Capital Gains Account Scheme, and tax-saving bonds like REC.

Property tax for buyer

India's real estate market is booming. TDS applies to property transactions exceeding ₹50L. Buyers must deduct 1% TDS, deposit it with the Income Tax Dept.

DTC Revision Beneficial for Realty

The revised Direct Tax Code draft released on June 15 aims to simplify income tax laws, affecting short-term and long-term capital gains, rental income, and home loan interest rates.

ITAT ruling likely to boost redevelopment of Mumbai

ITAT ruling prevents taxation on builder payments for redevelopment in Mumbai, benefiting 35,000+ buildings and offering clarity on taxation in such cases.

Understanding real estate

Exploring real estate as a safe and high-yielding investment option, considering factors like property type, legalities, and taxation.