Posts Tagged “be”

Property tax: Mumbai’s flat owners, not buildings, to be taxed from now

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Property tax: Mumbai’s flat owners, not buildings, to be taxed from now

The city administration has decided to collect property tax from individual flats rather than entire buildings in a move anticipated to both hold the individual flat owner more accountable as well as facilitate the tax payment for Mumbaikars. The Brihanmumbai Municipal Corporation’s policy decision has been taken under section 155 of the Mumbai Municipal Corporation…

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Budget 2019: TDS to now be paid on parking charges, maintenance fees while purchasing property

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Budget 2019: TDS to now be paid on parking charges, maintenance fees while purchasing property

Budget 2019 has proposed that car parking fees, club membership charges, maintenance fees and water charges be clubbed with the cost of the property while determining the amount of tax that the homebuyer is expected to pay at the time of property purchase. This is what the Budget memorandum says: “Section 194-IA of the Act…

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An all-equity mutual fund portfolio can be very risky

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An all-equity mutual fund portfolio can be very risky

I wish to generate more than ₹1 crore in 15 years. I invest₹1,000 in ABSL Frontline Equity; ₹2,000 each in SBI Bluechip, ICICI Bluechip and Mirae Asset India Equity; ₹3,000 each in Canara Robeco Emerging Bluechip Equities, Mirae Asset Emerging Bluechip and Axis Focussed 25 direct plan. I want to start investing ₹3,000 in L&T Midcap fund. Is my…

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