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RESIDENTIAL PROPERTY TAX EXEMPTIONS
Pakistan's civic failures leave residents bracing for yet another monsoon crisisResidents of Wah Model Town are facing severe urban flooding and overflowing sewage due to clogged drains and administrative neglect. Devel...- Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
- ITR filing for NRIs: From miscounted days in India to missed NRO interest, these mistakes can trigger tax noticesMiscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department.
- Govt scraps TDS on GIFT City aircraft lease rentalsAirlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...
- Prices climb, but low loan rates keep homes affordableSix out of eight major cities within affordability threshold in the first half of 2026; stable employment and income help sustain demand.
- Charitable trusts get relief on 80G registrationCharitable trusts and institutions that missed the 80G registration renewal deadline have received a one-time reprieve from the CBDT. The t...
- Delhi traders flag glitches in MCD's new tax portalDelhi traders have urged the Municipal Corporation of Delhi to fix glitches in its new trade licence portal. They claim the system incorrec...
- Home affordability holds firm despite rising prices: Knight FrankHomebuyer affordability remains strong across most Indian cities in early 2026, with lower borrowing costs offsetting rising property price...
- Tax department steps up scrutiny of charitable trusts over disclosure mismatchesThe Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...
- Godrej Properties highest bidder for 5-acre land parcel in Noida with bid value of Rs 332 crGodrej Properties has made a significant move by acquiring a prime 5-acre land parcel in Noida's Sector 151 for Rs 332 crore, securing the ...
- The income your tax return doesn't need to include; 8+ types of tax-free income in India
- My wife and I declared diabetes in our health insurance policy. Will it cover new illnesses too?ET Wealth Reader's Query: My wife and I have had a floater health insurance policy for over four years. We declared diabetes as a pre-exist...
- Godrej Properties buys 47-acre land parcel in Chennai; eyes Rs 500 cr revenueGodrej Properties has made a significant step by purchasing a 47-acre land parcel in South Chennai. The intended development of residential...
- Man lists the most useless amenities builders provide, calls amphitheatres the 'king of fake amenities'A viral X video has sparked debate over seemingly impractical amenities offered by Indian residential builders, questioning their value ver...
- No income tax on these 8 earnings: Check if you qualify for exemption
- Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However,...
- Oman eases residency rules for foreign investors, expands family sponsorship eligibilityOman is boosting its appeal to foreign investors and property buyers with significant reforms to its residency laws. New "Owner Visas" simp...
- Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
- Britain's King Charles to reveal personal tax bill: PalaceCharles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it. "The...
- Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...
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