From a higher TDS threshold on rental income to simplified capital gains rules, Budget 2025 reshaped how property buyers, owners, and investors are taxed https://www.hindustantimes.com/real-estate/yearender-2025-how-simplified-capital-gains-and-gst-reshaped-the-tax-landscape-and-what-homebuyers-must-know-101765950012831.html#google_vignette
Planning to sell property? You can lower capital gains tax by adding renovation or other capital expenses to the acquisition cost https://www.hindustantimes.com/real-estate/from-kitchen-makeovers-to-balcony-extensions-how-home-renovations-can-reduce-capital-gains-tax-for-property-sellers-101754886241337.html
Mumbai redevelopment news: Income Tax Appellate Tribunal says transfer is ‘extinguishment’ of rights, not asset replacement or income gain https://www.hindustantimes.com/real-estate/major-relief-for-homeowners-itat-rules-redeveloped-flats-not-taxable-as-other-income-101744604747969.html
If you have a loss from one house property, you can adjust it against income from another house property https://www.hindustantimes.com/real-estate/income-tax-bill-2025-new-bill-clarifies-carry-forward-of-house-property-losses-101740116523423.html
With overall rental yields from residential real estate being low nationally, the increase in the TDS threshold is expected to primarily benefit landlords and tenants in the metros and large cities. https://www.moneycontrol.com/news/business/real-estate/explained-how-the-budget-s-tds-measures-can-spur-rental-housing-growth-12928819.html
Srishti, an NRI, discovered INR 20,000 TDS on her NRO account. Does she need to pay tax in India? Is filing income tax return mandatory? Explore tax-saving instruments, tax-exempt proceeds, and financial compliance. https://economictimes.indiatimes.com/nri/invest/income-tax-made-easy-nris-complete-guide-to-income-tax-filing/articleshow/107902967.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cpps
New housing scheme for the middle class to boost residential demand as well as supply; infrastructure upgrade to fuel growth in Tier 2 and Tier 3 cities. https://www.hindustantimes.com/real-estate/real-estate-budget-2024-focus-on-infrastructure-new-housing-scheme-for-the-middle-class-101706791768069.html
Union finance minister Nirmala Sitharaman on Thursday presented the last Budget of the Narendra Modi government before the 2024 Lok Sabha elections, with a particular focus on women, youth, poor and farmers. https://timesofindia.indiatimes.com/business/budget/union-budget-2024-10-major-takeaways-from-modi-govts-pre-election-budget/articleshow/107320037.cms
Budget 2024 Expectations: The real estate sector body added that there should also be a provision of a credit guarantee scheme for housing loans up to Rs 40 lakh and house improvement loans up to Rs 20 lakh. https://www.moneycontrol.com/news/business/real-estate/budget-2024-credai-pushes-for-lower-tax-shorter-holding-period-for-long-term-capital-gains-12093741.html
New remittance law will be in place from July 1, 2023 https://timesproperty.com/news/post/rising-demand-and-new-launches-fuel-thanes-real-estate-blid4772?offset=1
