PROPERTY TAX HIKE
No new tax benefits, relief comes in other formsBudget 2021 stopped short of granting much sought after income tax breaks, specially for higher expenses of the salaried on account of work...
- Rs 5 lakh exemption limit, Rs 2.5 lakh 80C rebate? What the Budget may offer
The Economic Survey seemed to indicate that the government can raise its fiscal deficit target for next financial year by a few notches to ...
- 5 expectations of individuals from Budget 2021 today
For the salaried class, the year 2020 was marred with job loss, pay cuts, higher inflation and so on. That is why many are hoping for annou...
- How to raise resources for Budget without tax hike or fiscal slippage
In the first half of FY 21, government spending came down marginally over previous year due to a shortfall in revenue. We don’t have the lu...
- Budget 2021: 20 tax, investing and other personal finance ideas for the Finance Minister
As the Finance Minister and her team sit down to prepare the Union Budget, here are some ideas worth including in the Bill. Most are to tax...
- Budget 2021 could impose a coronavirus cess, hike LTCG tax on equity: EY
Due to the need to garner more revenue, the government could look at imposing a Covid cess probably graded by income groups as people are a...
- Covid impact on real estate and how Budget can help revive the sector
In March 2020, real estate developers were sitting on inventory that would take roughly 15 quarters to clear.
- 21 personal finance insights in summary: Best of ET Wealth 2010-2020
Some of these stories were done more than 7-8 years ago, but remain as relevant as ever. Investing and tax rules have changed and the marke...
- View: Few suggestions for finance minister on how to tax the new normal
Let’s begin with the stark reality of work from home (WFH). Currently, computers and laptops provided by employers for use by an employee d...
- How home buyers, developers will benefit from tax sop on purchase of new house up to Rs 2 crore
The income tax sop announced by the government will provide relief to the home buyers on the notional gains on which he/she is required to ...
- Funding coronavirus fight: Tax officers suggest 40% super-rich tax, pandemic cess, higher levy on MNCs
Tax officers have suggested a 40% tax on super-rich as well as higher levy on foreign companies.
- Hyderabad: Should tax rates be hiked for commercial properties located on main roads?
With SCB looking to hike commercial property tax, TOI asked readers what the criteria should be to set a tax slab.
- Budget 2020 should hike tax breaks for house property income to boost realty: EY
Providing tax incentives on house property income would stimulate demand and help boost the sector.
- South Delhi Municipal Corporation budget: Property tax hike on cards
People living in colonies in C, D and E categories may end up paying more property tax if the budget proposed by SDMC commissioner is imple...
- Residents stare at the prospect of a 33%-or-above hike in property tax
The Fourth Municipal Valuation committee has justified the recommendation for 33% hike based on assessment of the civic body’s finances.
- GST rate cut to hike cost of low, mid-priced houses
Following the latest GST council meet, finance minister Arun Jaitely had announced that the proposal to reduce the rate may be taken up in ...
- Property tax in South Delhi may be in for a 33% hike
The biggest changes have been proposed in unit area values and use factor. The age factor, occupancy and structure factors have remained un...
- Why Bengaluru municipal body wants to hike property tax
Expectedly, the proposal has met with resistance from honest taxpayers as there are discrepancies in the collection system.
- Bengaluru civic body plans to hike property tax by 25%
Bruhat Bengaluru Mahanagara Palike described the proposal as “much required” since the civic agency is struggling to complete ongoing proje...
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