Posts Tagged “To”

Two years after MCG discovered property tax fraud, police are yet to submit report

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Two years after MCG discovered property tax fraud, police are yet to submit report

MCG officials on Saturday said that the Gurugram police are yet to complete their probe and, as such, no action has been taken in the matter. (HT image) Even two years after it was discovered that two employees of the Municipal Corporation of Gurugram (MCG) had allegedly changed the property type of 95 commercial properties…

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Why you shouldn’t rush to buy property in J&K

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Why you shouldn’t rush to buy property in J&K

Now that Article 35A, a law that debarred non-residents of Jammu and Kashmir from buying properties in the erstwhile state, has been revoked, people from other states can own immovable property in the newly carved Union territory. However, there’s not much clarity on how the move will pan out for investors. Two days after Article…

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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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Article 370 revoked: J&K’s depressed property prices will shoot up 50%; locals to gain

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Article 370 revoked: J&K’s depressed property prices will shoot up 50%; locals to gain

The depressed property prices in Jammu and Kashmir will shoot up by up to 50 per cent because of the opening up of the realty market after the government’s decision to revoke Article 370. In Srinagar’s prime Pantha Chowk area, houses can be bought for as low as Rs 2,300 per sq ft. Besides local…

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75-year-old former journalist ill-treated by son, wills property to govt

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75-year-old former journalist ill-treated by son, wills property to govt

Distressed over the treatment meted out to him by his family, a 75-year-old former journalist, who lives in Muraripur village of Dasrathpur block, decided to name the state government as his property’s beneficiary. Former journalist Khetramohan Mishra has also expressed his wish that an old-age home to be built over his land. He has taken…

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Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

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Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

New Delhi: US-based Invesco-Oppenheimer Developing Markets Fund has agreed to pick up 11% stake in Zee Entertainment Enterprises Ltd (ZEEL), the flagship media company of Subhash Chandra’s Essel Group. The stake sale will be for a total consideration value of up to ₹4,224 crore, the company said in a press statement. The proceeds from the stake sale will go…

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No Property Right To Son Who Beats Parents: Gujarat HC [Read Order]

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No Property Right To Son Who Beats Parents: Gujarat HC [Read Order]

The Gujarat High Court has refused to grant any relief to an ungrateful son, who claimed right in her mother’s property, a bungalow at Vadodra after he was excluded by the mother in her ‘Will’ as he would beat the parents. Justice Paresh Upadhyaya while turning down the appeal filed by Jayeshbhai Patel who had…

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50 hand-picked mutual funds to build your portfolio

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50 hand-picked mutual funds to build your portfolio

To rank mutual funds simply by highest past returns is an easy exercise and one that is likely to find the most interest—after all, investors want high returns—but it is not something that needs as much attention as a deeper evaluation of the funds in your portfolio does. This involves looking at consistency of returns,…

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Is it the right time to buy gilt funds?

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Is it the right time to buy gilt funds?

In an environment where many debt fund categories are under pressure, gilt schemes have had a solid run over the past one year – delivering 11-18 per cent returns, a bit more in the case of direct plans. Even longer term performances over three and five years looks good, with many schemes turning in near…

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J.D. Scott: 5 Things To Know About ‘Property Brothers’ Sibling Who Revealed Battle With Scary Illness

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J.D. Scott: 5 Things To Know About ‘Property Brothers’ Sibling Who Revealed Battle With Scary Illness

‘Property Brothers’ stars Jonathan and Drew Scott’s older sibling J.D. just revealed his 14 month battle with a debilitating illness. We have five things to know about the HGTV star. On July 10, J.D. Scott — the older brother of Property Brothers twins Jonathan and Drew Scott — revealed in a nearly half hour video that he’s been battling a severe mystery illness. “I’ve…

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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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Gold loan vs personal loan: Which one to opt for?

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Gold loan vs personal loan: Which one to opt for?

Personal loan tenures are relatively short, which explains them not requiring collateral. Planning on a big-ticket spend but don’t have the money to bankroll it all? Or facing a family emergency and your savings are insufficient to bail you out? A fair few of us who have been in suchsituations feel that the most feasible…

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Turkish property sales to foreigners up 63% in May

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Turkish property sales to foreigners up 63% in May

Turkish property sales to foreigners recorded a 62.5% increase in May compared to the same period of last year, according to data by the Turkish Statistical Institute (TurkStat). Foreigners purchased a total of 3,952 housing units in May, TurkStat said. Istanbul was the leading city with 1,734 properties sold, followed by the Mediterranean holiday resort…

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Personal loan application rejected? Some dos and don’ts to avoid rejection

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Personal loan application rejected? Some dos and don’ts to avoid rejection

Having a good credit score improves the chances of loan application approval but still there some other reasons which can lead to rejection. Given below are dos and don’ts to avoid rejection of application. Some do’s and don’ts to avoid personal loan rejection New Delhi: Personal loan is useful for the people who fall short of…

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