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Understanding Movable and Immovable Property: Key Differences You Should Know

When discussing property, terms like "movable" and "immovable" often come up. These types of property differ significantly in ...
The Financial Express

Gifting movable, immovable properties or cash through Gift Deed this Diwali? Know how they will be taxed

In this weekly series, Dr Suresh Surana, Founder, RSM India, a tax consultancy firm, explains the taxation of various kinds of gifts shared through Gift Deeds. A Gift deed would refer to a legal ...
Business Recorder

Imposition of CGT on immovable property: TRCG meeting to discuss policy measures today

An important meeting of the Tax Reform Co-ordination Group (TRCG) of the Federal Board of Revenue (FBR) will be convened at FBR House here on Friday (December 23) to discuss policy measures for the ...
realty.economictimes.indiatimes

Sale of property of Rs 50 lakh or more involving multiple sellers, buyers to attract TDS

Representative Image NEW DELHI: TDS of one per cent will apply on sale of an immovable property valued at Rs 50 lakh and more, even if there are multiple buyers and sellers involved in the transaction ...
Indiatimes

1% TDS on property purchase over Rs 50 lakh even in case of multiple buyers or sellers

Mumbai: In case of purchase of immovable property (other than agricultural land) from a resident seller, of over Rs. 50 lakh, a TDS of 1% will apply, even if there are more than one buyers and the ...

In Uttar Pradesh, why giving property to your children or grandchildren is now simpler

The UP Cabinet has given its nod to expanding reduced stamp duty, earlier limited to agricultural and residential properties, ...