In Vedic astrology, Rahu and Ketu are considered the karmic axis of destiny. While Ketu represents the talents, skills, and experiences you...

Buying a home in Indian metros is an emotional decision, but financial realities are shifting. Renting and investing the difference between...

The amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...

The New Delhi Municipal Council is adopting a new property tax system. This move to the Unit Area Method will bring fairness and predictabi...

Budget 2026 brings clarity on home loan tax deductions. Prior-period interest on home loans is now explicitly included within the Rs 2 lakh...

The simplification of rules will help taxpayers easily file their income tax returns without any calculation as they can claim the value of...

The government has announced that taxpayers can claim the annual value of up to two self-occupied properties as nil without any conditions ...

According to the Income Tax Act, 1961 a homeowner can show in his/her income tax return (ITR) up to two houses as self-occupied. Read below...

If an individual owns the house property, then it may happen that he/she has some income from that property. However, not many people under...

A house property is ‘self-occupied’ when the owner or family members use it for residential purpose. It could be termed ‘self-occupied’ eve...

"Income from house property is taxable once the taxpayer gets possession of the property."

As per the new provision, if an assessee owns more than two houses, then he can claim the annual value of any of the two house properties a...

The question now arises that whether the second house of a taxpayer will be mandatorily treated as self-occupied or can still be treated as...

At present, if you have more than one property for self-occupation, then only one of those, would be considered as self-occupied property f...

Home owners will no longer have to pay tax on notional rent for second occupied homes.

Income from property is taxable on the basis of annual value—the amount for which the property might be reasonably be expected to be let ou...

Some important concerns raised by various stakeholders on the DTC Bill, 2009, have been considered by the government and proposed changes i...