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PROPERTY OWNERSHIP TAX
In 1993, Louis Bacon bought a mostly undeveloped New York island; four years later, he protected nearly 90% of its 450 acresIn 1993, Louis Bacon acquired Robins Island, an exceptionally pristine marine island. He subsequently enacted a conservation easement that ...
Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
Succession Planning: 8 key tax considerations you should take into accountSuccession planning involves connected legal and tax events, not just death. Income earned before death must be reported by the deceased's ...
Rs 12.84 lakh, 800g gold seized; TMC leader's ex-bodyguard held in case linked to Bengal stone trader Tulu MondalSaigal Hossain, a former bodyguard, was arrested in a document forgery case. Police seized Rs 12.84 lakh in cash, around 800 grams of gold,...
You can never be rich in Bangalore? Why even Rs 50-70 lakh salary leaves little money to build wealth; techie explains the mathA techie’s claim that even a Rs 50-70 lakh salary may not be enough to become rich in Bangalore has sparked debate online. Anmol Agarwal br...
Arvind Panagariya pitches ‘special employment regions’ to build job-led citiesEconomist Arvind Panagariya suggests creating special employment regions in India. These regions would foster urban development and job cre...
RBI's FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billionThe Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to on...
Nazara to raise Rs 733.5 crore via preferential issue to Bluetile, BestPlay leadershipThe fundraise comes just after a leadership change with founder Nitish Mittersain stepping down as chief executive from September 1 while c...
India Inc goes on a global shopping spree with a new wishlistIndian companies are increasingly pursuing strategic overseas acquisitions. They now focus on acquiring capabilities and technology rather ...
ETMarkets NRI Talk | Alternatives can account for up to 20% of an NRI's India allocation: Shiv GuptaFrom portfolio management services (PMS) and alternative investment funds (AIFs) to private credit, these asset classes offer the potential...
Tesla's China footprint complicates path to possible SpaceX mergerTesla's China operations present a major hurdle for any potential SpaceX merger. Analysts highlight technical and regulatory challenges in ...
After my death, can my wife transfer our 2BHK to our son via gift deed without an NOC from our daughter?ET Wealth Reader's Query: I own a 2-BHK flat and my wife is a joint owner. We have two children, who are settled abroad. After my death, th...
NRI selling property, shares or gold in India? Here's how you can manage your capital gains tax in a better waySelling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax redu...
ET Prime Special Series: Multibagger or IBC - Part 69: Can new businesses bridge the gap before EVs reshape the core?This old auto ancillary manufacturer has integrated plants, a long operating history, and stable group ownership. FY26 brought higher reven...
Nearly half of NRI property owners are looking to diversify their investment in properties in India: ReportNearly half of NRI property owners seek investment diversification in India now. Most properties entering the sale pipeline are residential...
Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
The ultimate ITR checklist before you click ‘submit’Taxpayers must file income tax returns by the July 31 deadline to avoid penalties. Accuracy is paramount, and mismatches in the Annual Info...
Housing society asks homebuyer to pay previous owner's maintenance dues of Rs 80,000; experts explain what you should do in this situationHomebuyer asked to pay previous owner's dues of Rs 80,000: In his Reddit post, a homebuyer shared that the previous owner had around Rs 80,...
Tax filers scramble to fix foreign asset disclosures: I-T portal data & SMS alerts prompt review of overseas holdings before July 31Taxpayers are receiving alerts about undeclared foreign assets before the July 31 deadline. The tax department has uploaded foreign asset d...
India vs US real estate: Transparency, legal protection, fraud risks, and what NRIs should consider before buying propertyIt is relatively easier to reliably buy or sell property in the United States, compared to the process in India, which can be fraught with ...