SEARCHED FOR:RENTAL INCOME
Realtors eye co-living spaces to boost rental incomes
Coliving market in India is at a nascent stage, with only a few organised players.
Tax optimiser: By paying rent to father, Sirohi's HRA can become tax-free
The benefit is available only to a salaried individual who receives...
Claiming HRA tax exemption in different rental situations
Here are 3 scenarios young earners are likely to face while claiming tax exemption ...
Your parents, wife and children can help you save taxes. Here's how
Salaried individuals can save tax by paying rent to their parents and availing the HRA exemption benefit.
What are the five heads of income under Income Tax Act?
Incomes earned by you during the year are divided into five heads under the I-Tax Act. Here's a look at how these incomes are classified.
5 Money and tax tasks you should complete by July 31, 2020
In the wake of novel coronavirus pandemic, the government has provided various relaxations in meeting the financial deadlines to the common man. Many of these deadlines are expiring on July 31, 2020. Here is the list of five of those financial deadlines.
Mindspace REIT IPO subscribed 38% on Day 1
The price band of the issue is fixed at Rs 274-275 per unit. Investors can make for a minimum of 200 units and in multiples of 200 units.
Government extends PMAY housing loan subsidy for Middle Income Group until March 2021
Separately, finance minister Nirmala Sitharaman has also announced the plan to launch affordable rental housing scheme for migrant workers or urban poor under the PMAY.
Rights issue to fund Mahindra Fin growth in next three years: MD
M&M Finance expects a robust 30% to 35% loan growth between fiscal 2021 and 2024 and this capital will come in handy during that period, Iyer said.
How long do you have to keep your income tax related documents?
Documents such as rent receipts, section 80C tax saving documents etc. which prove the claims made by you in your tax-return are advised to be kept safely. However, the question arises how long should you keep these documents safely.
Budget 2019: Nine things you need to know about personal tax
If you are a resident taxpayer earning taxable income (after all applicable deductions) up to Rs 5 lakh, you will get full tax rebate.
How much money this Budget can help you save
The change in standard deduction from Rs 40,000 to Rs 50,000 for salary earners will benefit even those with annual incomes above Rs 5 lakh.
I am a pensioner. How should I set up mutual funds SWP to get regular income for next 20 years?
Given that you are aiming for a 240-month SWP, each monthly instalment will only be a tiny fraction of the total value of your holdings and hence not really hostage to the current state of the market.
Can I claim medical expenses for my wife as deduction under Income Tax Act?
Section 80D of the Act allows taxpayer to claim deduction of Rs 50,000 towards medical expenditure incurred on himself or a family member who is a senior citizen.
How to calculate 'income from house property' for income tax purposes
A person's gross total income chargeable to tax various heads and one of these heads of income is 'Income from House Property'.