TDS on purchase of property
TDS on Property Sale Rolled Back by the FM
The finance minister Pranab Mukherjee recently rolled back the 1% TDS proposal on immovable properties.The TDS on property sale was proposed by the government of India in the budget 2012-2013. The rollback of the TDS will make the buyer easily accessible for a property transaction. Earlier the entire procedure of the TDS was complicated as […]
Union Budget 2012 Impact on Real Estate in India
The much awaited budget of 2012-13 which was recently presented by the Honorable Finance Minister had no drastic changes for the Real Estate sector as compared to the previous year’s budget. As expected, the personal income tax slab has been hiked and 1% interest subvention scheme continues for an affordable housing in India. According to […]
