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New Effective rate of TDS including Surcharge and Cess for NRI SELLERS

tds nri sellers

TDS @ 20% u/s 195 =20% Add: Surcharge @ 15% (as total consideration exceeds Rs.1 crore surcharge is applicable) =23% Add: Education Cess @ 4% (w.e.f. 01.04.18) =23.92% Total TDS To be deducted Effective rate of TDS including Surcharge and Cess 23.92 % . W.e.f 1st April 2018 for NRI SELLERS

Budget 2018 allows property valuation up to 5% below circle rate: Realty buyers, sellers to benefit

Budget 2018 has proposed a tax relief for buyers and sellers of property by allowing it to be valued at up to 5% below circle rates for calculation of stamp duty and capital gains tax. The finance minister presenting the Budget 2018 announced that no adjustment shall be made in respect of transactions in immovable

Latest News : Drive to target stilt parking violations inside houses in Delhi

stilt car parking delhi

NEW DELHI: The sealing drive is now expected to shift its focus inside the residential areas, with the Supreme Court-empowered monitoring committee asking the three corporations to initiate action against the house owners who have been misusing the ‘stilt-parking’ area. “During our inspections, most of the stilt (areas) were found to be misused. The monitoring committee directs that the

With RERA kicking in, NRI interest in Indian realty set to rise

rera delhi

Implementation of Real Estate (Regulation and Development) Act, 2016 will boost the Non-Resident Indian sentiments on Indian real estate sector, say market experts. With more transparency coming in the realty sector, there is bound to be an increase in the number of NRIs planning to buy property back home, they said..

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