Any advantage or revenue generated via the use of a man or woman from the sale of a capital asset is referred to as a capital benefit. The income generated by the sale of a capital asset is taxed at a lower rate than ‘Income from Capital Gain.’ The revenue is generated by selling the capital asset for a higher price than it was previously sold for. Because there is no sale and no best transfer of possession, capital profits tax does not apply to inherited property. Any asset received as a gift by way of bequest or inheritance is free from the Online Income Tax Act 1961. CGT, on the other hand, may be important if the person who … Read more
PropertyPistol Insight Team
All Posts
All About Sukanya Samriddhi Yojana 2022
In India, the government provides some programs for girls and women. The Sukanya Samriddhi Yojana is one such plan for Indian people, which provides financial assistance to families for their daughters’ education and marriage while also allowing profit tax exemption and higher interest rates. The Sukanya Samriddhi Yojana initiative, which was launched as part of the ‘Beti Bachao Beti Padhao’ campaign, focuses on securing the future of girls in each family. This important government program allows people to invest money in a lump sum amount that may subsequently be utilized for the education or marriage of women in their families.… Read more
What is Ex Gratia Payment?
Tags: LegalReal Estate
An ex gratia payment is provided to a person by a government, agency, or insurance for damages or claims, but it no longer necessitates the party making the payment to admit legal culpability.… Read more
All About Khasra Number
Tags: Real Estate
If you need to proceed with your land report search in rural India, you’ll need the khasra or khasra number. This is why you must have the khasra quantity of the land or plot in hand before continuing your land report search, whether online or offline.… Read more
Locality Overview: Sus, Pune
Tags: PuneReal EstateSus
Sus is a developing neighborhood on Pune‘s northwestern outskirts, close to the Mumbai Highway (NH-48). The neighborhood has seen consistent residential development in recent years, mostly in the form of multi-story rental buildings. Sound connectivity and closeness to the Hinjewadi employment zone are two significant factors driving real estate growth in the area. Mahalunge, Baner, Pashan, and Balewadi are some of the other places that might be close to Sus. Pinnacle Neelanchal, Vilas Javdekar Yashwin Anand, Pate Life Montage, Sukhwani Panorama, and Atul Western Hills Phase 2 are some of the key residential projects in the area, both completed and under development.… Read more
Smart City projects in Mangaluru will be completed by December
Tags: InfrastructureSmart City
V. Sunil Kumar, the district in-charge and Minister for Energy, Kannada, and Culture asked people to bear with a few inconveniences during the execution of the Smart City Minister’s outstanding works until December.… Read more
What is the cost of living in Thane?
Thane is a metropolitan city in India, hence it is a little more opulent than the rest of the country. The best thing about Thane is that you have access to everything: department stores, theatres, cinemas, and all kinds of entertainment. It’s a very unique town with a rich history and welcoming residents.… Read more
All About Gwal Pahari, Gurgaon
Gwal Pahari is a well-known residential neighborhood in Gurgaon’s northwestern outskirts. Mandi, Valley View Estate, Dera Village, Bandhwari, and other nearby residential areas include Mandi, Valley View Estate, Dera Village, and Bandhwari. It features a great mix of single-family homes, builder flooring, and high-rise apartments. Paras Quartier, Chaman Apartments, Aravali Apartment, Lotus Apartment, I C E Apartments, and others are some of the most notable residential assignments.… Read more
All About Chakan, Pune
Chakan, the largest business hall in Pune’s western suburbs, adjacent to the Nashik-Pune Expressway, is increasingly gaining popularity as a residential neighborhood. Industrial and economic growth, along with improved infrastructure, has resulted in rapid growth inside the city. Chakan is close to several places, including Mutkewadi, Kharabwadi, Medankarwadi, Chimbali, and Kurali. Ivory Group, Shri Sai Associates and Xrbia, Samruddhi Buildcone, Shree Sai Associates, and Kasturi Housing are among the prominent developers on this site. Chakan is governed by a multi-story structure.… Read more
Proptech: Transforming the Rental Landscape
Now, more than ever, our lives are intertwined with technology. Right from getting up in the morning to going back to bed at night, you’ll find yourself surrounded by new-age devices. Digital innovation changes economies and markets, altering how business is done regardless of industry. Many sectors, such as telecom & media, were affected a while ago, while others, such as real estate, are only now benefiting from the profound effects of digital transformation.… Read more
