Real Estate Pune
Pune's Green Building Tax Discount: Beneficiaries Double, but Compliance Questioned
Pune Municipal Corporation's (PMC) latest Environment Status Report (ESR) shows a significant increase in beneficiaries of the green building tax discount. However, experts and citizens are raising concerns about the effectiveness and compliance of these green initiatives.
Real Estate Pune
Jubilant Pharmova Reports 49% Surge in Profit After Tax to Rs 103 Crore
Jubilant Pharmova, a leading pharmaceutical company, has reported a significant 49% increase in profit after tax (PAT) to Rs 103 crore for the first quarter ended June 30, 2025. This marks a robust performance, driven by consistent revenue growth across all business units.
real estate news
BBMP Launches Drive to Recover ₹800 Crore in Unpaid Property Taxes
The Bruhat Bengaluru Mahanagara Palike (BBMP) has received over 50,000 e-Khata applications and launched a drive to recover ₹800 crore in unpaid property taxes from 3.75 lakh property owners.
Real Estate
ITR Filing 2025: New Deadline, Capital Gains Rules, and Key Tax Changes Explained
The ITR filing season for assessment year 2025 is underway with several changes, including a new deadline, capital gains rules, and updated tax slabs. Real estate LTCG tax has been reduced to 12.5%, but indexation benefits have been removed for properties bought after April 1, 2001.
Real Estate Mumbai
Wife Avoids Income Tax After Selling Two Mumbai Properties for Rs 6 Crore
A wife in Mumbai managed to avoid income tax after selling two properties for Rs 6 crore by leveraging Section 54 benefits and reinvesting the proceeds.
real estate news
Selling a Property Gifted by Parents: Understanding Tax Implications
If you've received a property as a gift from your parents and are planning to sell it, understanding the tax implications is crucial. This article explains how capital gains tax is calculated and what steps you should take to ensure compliance.