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TDS

TDS on immovable property: Points to consider

In its recent move, the central government has gained the spotlight by implementing tax deduction at source(TDS) on the transfer of immovable properties. The present provision finds its due relevance in all transfer of immovable property transactions of property worth Rs 50 lakh or more. The new provision calls for TDS to rollback at 1% […]

CommonFloor Editorial Team

building construction

Service Tax & VAT on under-construction property

Buying a property can be a tedious job and more so if one is not really familiar with the various costs he has to pay for his home. Service tax and VAT are just one of the many costs which a buyer has to pay in order to own his dream home. Service Tax rate […]

Features you may miss out while choosing a home

Let us say that you are first time home buyer and looking to buy a home for yourself. Before purchasing the house, you should ask yourself what are the features you would like to have in your home. Investing in house is meant for a long duration and spending every penny should ensure that you […]

Tips to buy and sell a home on loan

Is it possible to sell a mortgaged property? Do you need to settle the home loan first and then approach a buyer or can the buyer take over your loan? What if the buyer himself plans to take a loan to fund the purchase? Here are some tips on how to buy or sell a home […]

How can a second home reduce your tax burden?

Buying a  second home for various reasons is one of the latest real estate trends. It is a source of pride for the second home owners to own another home with sufficient income and unsullied credit. Although a second home might serve as a great asset for you, it is wiser to know the advantages and […]

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