One can avail finance on the properties that have clear titles and market value more than or equal to the agreement value. Many projects these days are pre-approved by leading financial instuitions.
Eligibility to avail a Home Loan for an applicant shall be:
An Indian citizen
Above 21 years a…
TDS Property Sale by Indian Residents
When Indian residents sell their properties in India, TDS is deducted @ 1% if property sale is for more than Rupees 50 Lakh. Sec 194 IA of the Income Tax Act, 1961 states that for all transactions with effect from June 1, 2013, Tax @ 1% should be deducted by …
A POA is a legal document by which one person (donor-principal) gives another person (the attorney-agent) authority to act on his behalf and in his name. Every act performed by the attorney within the authority of the POA is legally binding on the person granting it. It may be pointed out that a POA…
GST or Goods and Services Tax is an indirect tax which is applicable to the supply of service related to the construction of the building. However, GST is not applicable to completed constructions.
However, GST is not applicable if the whole of the consideration for a property is paid after issua…
