Renting Vs Buying
Reading Time: 4 minutes While buying a house is regularly the dream of every individual, soaring property costs, particularly in metros, have driven individuals to pick renting instead of buying. Notwithstanding, for individuals who can buy a house, renting vs buying is consistently a tough one. It is seen that individuals who can bear to buy a house will generally put more weightage on owning a house, and renting is mostly a compromise.
10 Tips To Rent Out Your Property
Reading Time: 3 minutes Renting out your property may be a home or shop or office building, it can be an extraordinary method to earn additional pay, yet the life of a property manager isn’t generally rosy. This active type of venture expects you to continually be ready or pay another person to be. Regardless of how engaging you are, notwithstanding, there are an opportunity things may not generally run as planned. Luckily, we have created 10 tips to help the first-time property manager or landlord deal with effective or successful renting.
Alert – High Value Transactions Flagged
Reading Time: 3 minutes The tax department has introduced the revised Form 26AS (Annual tax statement). Now, Form 26AS contains the details of all high-value transactions. It also helps the taxpayers in filing their return of income without missing any income. But one should be careful in analyzing the same as it can call for notice.
One Person Company Registration
Reading Time: 3 minutes The concept of one person company was introduced under the Companies Act, 2013. One person company is the hybrid of a private limited company and sole proprietorship. An individual who is willing to be the director and owner of the company can start his/her OPC.
80GG – HRA Deduction
Reading Time: 3 minutes Paying the house rent is a real burden for the employees, especially those living in the metro cities. If you are receiving HRA, then you don’t need to worry. On the other hand, those who are not receiving HRA can claim a deduction of up to Rs. 60,000 under section 80GG to reduce their tax liability.
