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Tax Body Clarifies Acquisition Cost Of Real Estate Bought Before 2001 For LTCG
The cost of acquisition of real estate properties purchased before 2001 will be the fair market value (FMV, not exceeding the stamp duty value) as of April 1, 2001, or the actual cost of the land or building for the purpose of calculation of LTCG.
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Mumbai Housing Market's Best February In 12 Years: Report
Over 11,700 properties were registered in Mumbai this month and the state government collected a record Rs 865 crore in stamp duties alone, a report by Knight Frank India said.
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Revenues From Stamp Duty, Registration Fee In 8 Months Jumps To Over 1 Lakh Crore: Report
Led by Maharashtra, the cumulative revenue collection from stamp duty and registration fee of all the states jumped to Rs 1,00,100 crore for the first eight months of the current fiscal year, which for the entire FY21 was Rs 1,27,700 crore, according to a report.
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Realty Shares Rally For Second Straight Session, Nifty Realty Jumps 16% In Two Days
Buying in real estate shares was triggered after Karnataka government lowered stamp duty on properties between Rs 35-45 lakh to 3 per cent.
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Sensex, Nifty End Marginally Lower Ahead Of US Fed Meet; Realty Shares Outperform
Real estate shares witnessed strong buying interest in an otherwise lacklustre session after Karnataka government reduced stamp duty
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Real Estate Shares Rally After Karnataka Government Cuts Stamp Duty
DLF was the top gainer among the real estate shares. The country's largest real estate developer rallied 10% to hit an intraday high of Rs 373.75.
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Stamp Duty, Registration Fee Waiver For Noida Airport's Land Lease
The Uttar Pradesh Cabinet on Friday decided to waive stamp duty and registration fees for leasing of land by the government agency Noida International Airport Limited (NIAL) for the first phase of an upcoming airport.
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Amitabh Bachchan Buys A Swanky Rs 31 Crore Apartment In Mumbai: Report
Big B had reportedly bought the apartment in December last year but registered the property in April this year
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UK Online Safety Bill Proposes Hefty Fines, Criminal Action Against Social Media Executives Over Online Abuse
UK Online Safety Bill seeks to hold social media firms accountable for online abuse. The companies could be fined up to 10 percent of turnover or GBP 18 million if they failed to stamp out online abuses such as racist hate crimes, while senior managers could also face criminal action.
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Registration Of Housing Properties Fell 42% To 10,136 Units Last Month In Mumbai
The registrations of residential properties in the financial capital of the country - Mumbai, declined 42 per cent to 10,136 units, amid the COVID wave and the expiry of the stamp duty period.
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Stamp Duty Concession For Women, Increased Liquor Tax In Maharashtra Budget
The Maharashtra government's budget for 2021-22, presented on International Women's Day, offered one per cent concession in stamp duty if property is transferred exclusively in women's name.
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Budget 2021: Lower Stamp Duty, Easing Income Tax Norms Needed For Real Estate
Budget 2021: Currently, the government offers interest subvention of one per cent for low-cost housing loans up to Rs 15 lakh, provided the housing cost does not exceed Rs 25 lakh
-
Janhvi Kapoor Buys A Swanky Rs 39 Crore Apartment In Juhu: Report
Janhvi Kapoor, daughter of filmmaker Boney Kapoor and late actress Sridevi, has been living with her dad and sister Khushi Kapoor in Mumbai's Lokhandwala neighbourhood
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Maharashtra Government's Revenue Grew By Rs 367 Crore Amid 3% Stamp Duty Waiver
The revenue generated rose from Rs 9,254.9 crore in this period last year to Rs 9,622.63 crore in September- December this year
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Housing Sales Jump 67% YoY In Mumbai Backed By Stamp Duty Cuts: Report
The registration of residential properties last month witnessed a sharp increase of 67 per cent YoY to 9,301 units due to higher demand in festive season and reduction in the stamp duty by the Maharashtra government
-
Tax Body Clarifies Acquisition Cost Of Real Estate Bought Before 2001 For LTCG
The cost of acquisition of real estate properties purchased before 2001 will be the fair market value (FMV, not exceeding the stamp duty value) as of April 1, 2001, or the actual cost of the land or building for the purpose of calculation of LTCG.
-
Mumbai Housing Market's Best February In 12 Years: Report
Over 11,700 properties were registered in Mumbai this month and the state government collected a record Rs 865 crore in stamp duties alone, a report by Knight Frank India said.
-
Revenues From Stamp Duty, Registration Fee In 8 Months Jumps To Over 1 Lakh Crore: Report
Led by Maharashtra, the cumulative revenue collection from stamp duty and registration fee of all the states jumped to Rs 1,00,100 crore for the first eight months of the current fiscal year, which for the entire FY21 was Rs 1,27,700 crore, according to a report.
-
Realty Shares Rally For Second Straight Session, Nifty Realty Jumps 16% In Two Days
Buying in real estate shares was triggered after Karnataka government lowered stamp duty on properties between Rs 35-45 lakh to 3 per cent.
-
Sensex, Nifty End Marginally Lower Ahead Of US Fed Meet; Realty Shares Outperform
Real estate shares witnessed strong buying interest in an otherwise lacklustre session after Karnataka government reduced stamp duty
-
Real Estate Shares Rally After Karnataka Government Cuts Stamp Duty
DLF was the top gainer among the real estate shares. The country's largest real estate developer rallied 10% to hit an intraday high of Rs 373.75.
-
Stamp Duty, Registration Fee Waiver For Noida Airport's Land Lease
The Uttar Pradesh Cabinet on Friday decided to waive stamp duty and registration fees for leasing of land by the government agency Noida International Airport Limited (NIAL) for the first phase of an upcoming airport.
-
Amitabh Bachchan Buys A Swanky Rs 31 Crore Apartment In Mumbai: Report
Big B had reportedly bought the apartment in December last year but registered the property in April this year
-
UK Online Safety Bill Proposes Hefty Fines, Criminal Action Against Social Media Executives Over Online Abuse
UK Online Safety Bill seeks to hold social media firms accountable for online abuse. The companies could be fined up to 10 percent of turnover or GBP 18 million if they failed to stamp out online abuses such as racist hate crimes, while senior managers could also face criminal action.
-
Registration Of Housing Properties Fell 42% To 10,136 Units Last Month In Mumbai
The registrations of residential properties in the financial capital of the country - Mumbai, declined 42 per cent to 10,136 units, amid the COVID wave and the expiry of the stamp duty period.
-
Stamp Duty Concession For Women, Increased Liquor Tax In Maharashtra Budget
The Maharashtra government's budget for 2021-22, presented on International Women's Day, offered one per cent concession in stamp duty if property is transferred exclusively in women's name.
-
Budget 2021: Lower Stamp Duty, Easing Income Tax Norms Needed For Real Estate
Budget 2021: Currently, the government offers interest subvention of one per cent for low-cost housing loans up to Rs 15 lakh, provided the housing cost does not exceed Rs 25 lakh
-
Janhvi Kapoor Buys A Swanky Rs 39 Crore Apartment In Juhu: Report
Janhvi Kapoor, daughter of filmmaker Boney Kapoor and late actress Sridevi, has been living with her dad and sister Khushi Kapoor in Mumbai's Lokhandwala neighbourhood
-
Maharashtra Government's Revenue Grew By Rs 367 Crore Amid 3% Stamp Duty Waiver
The revenue generated rose from Rs 9,254.9 crore in this period last year to Rs 9,622.63 crore in September- December this year
-
Housing Sales Jump 67% YoY In Mumbai Backed By Stamp Duty Cuts: Report
The registration of residential properties last month witnessed a sharp increase of 67 per cent YoY to 9,301 units due to higher demand in festive season and reduction in the stamp duty by the Maharashtra government
