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The Ultimate Guide to Capital Gain Tax on Property In India The Capital Gain Tax applies to the profit or gains from the selling of the property. The applicable Capital Gain Tax depends on various factors and can considerably impact the overall profits that remain in your hand. What Is Capital Gain Tax on Property In India The profit that you get by selling the property is considered as an income. And therefore you need to pay the tax on the profit or gain from selling the property. This Tax on the Capital Assets is termed Capital Gain Tax.  Real estate properties come under the category of capital assets. And therefore after selling the properties you need to pay the Capital Gain Taxes. Capital Gains Tax is categorized as Short Term Capital Gain Tax and Long Term Capital Gains Tax. Short-Term Capital Gain TAX On Property The profit or gain from selling the property with a holding period below 2 years is a short-term capital gain. The tax applied on this gain is called Short Term C...

Best Reasons To Make Investment In Commercial Properties The evolving real estate ecosystem in Mumbai has been showing good commercial property investment prospects. So, check out the main reasons to invest in commercial properties in Mumbai. The commercial property investment means buying small shops, office spaces, retail stores, or more dedicated categories such as warehouses, industrial spaces, etc,, and get consistent returns through rents or reselling the property when the market is up. The investment in the commercial properties is best known for its- Attractive Rental Rates High Rental Yields Capital Appreciation A Positive & Less Specific Demand Low Vacancy Rate And Impact But still, the commercial real estate properties outrank the residential properties by giving comparatively double returns.  Provided that a broader outlook on the entire commercial real estate ecosystem is considered. This involves the important factors that decide positive return from commercial ...

  Stamp Duty and Registration Charges In Mumbai Stamp Duty is a one-time property tax that needs to be paid while buying a property. It is levied by the state government when a property is transferred from the seller to the buyer.  In more technical terms, Stamp duty is a state levy imposed on the agreement document executed between the seller and the buyer which is registered at the registrar.  The stamp duty is payable under the Indian Stamp Act 1899, but the responsibility for setting up the stamp duty is shared between the Central and State Governments. Therefore, the stamp duty charges in Mumbai are payable under the Maharashtra Stamp Act 1958 and are governed by the state government.  Since stamp duty is one of the important legal aspects of the property buying or flat buying process it is beneficial to have detailed information. Why Stamp Duty Is Important? The stamp duty is applicable in all types of property transactions whether it be residential, commercia...