In a significant move to streamline property registration services, Andhra Pradesh’s Revenue, Registration, and Stamps Minister Anagani Satyaprasad will launch an online slot booking system for sub-registrar offices at the Secretariat in Velagapudi on Friday (April 04). Starting April 4, the slot booking facility will be available in sub-registrar offices across the 26 district headquarters, … Read more
Property owners in Bengaluru who fail to clear tax dues for two consecutive years will now face 100% penalty (equal to the unpaid amount), along with an annual interest of 9%. The move, expected to impact around two lakh habitual defaulters, is part of a stricter enforcement drive by the city’s civic body. The penalty … Read more
A view of the Greater Hyderabad Municipal Corporation head office in Hyderabad. File | Photo Credit: NAGARA GOPAL The Greater Hyderabad Municipal Corporation will conduct ‘Property Tax Parishkaram’ every Saturday between February 22 and March 29 at all its circle offices, in order to resolve long-pending property tax issues. The grievance redressal programme, to be … Read more
Congress MLC Yathindra Siddaramaiah did not rule out the possibility of the ED issuing such a statement to influence the court, which is expected to shortly give a ruling on the petition to hand over the case to the CBI. | Photo Credit: Murali Kumar K Congress MLC Yathindra Siddaramaiah termed the recent tweet by … Read more
An inter-ministerial Central team led by Rajesh Gupta, Joint Director, Ministry of Home Affairs inspecting paddy crops damaged by floods, at Azhagiyanatham near Panruti in Cuddalore district on Sunday. | Photo Credit: Photo: KUMAR An inter-ministerial team, deputed by the Central government to assess damage to crops and property due to cyclone Fengal, visited several … Read more
Rathin Roy, prominent economist and former member of the Prime Minister’s Economic Advisory Council (PMEAC), dismissed the increase in capital gains tax as irrelevant to the fiscal health of India. In an interview to Moneycontrol, Roy said adjusting the capital gains tax, whether doubling or halving it, would scarcely impact the country’s tax revenue. He … Read more
Central banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in advanced economies. Days after the Federal Reserve pared back projections for US monetary easing this year, policymakers from the UK to Australia are likely to signal that they’re still not convinced enough about disinflation … Read more
In a major relief for NCP leader Praful Patel, an Appellate Tribunal that deals with the Smugglers and Foreign Exchange Manipulators Act (Safema) quashed the attachment of four floors of a Mumbai building owned by him. The Enforcement Directorate had provisionally attached the floors of Ceejay House in Worli in July 2022, in a money … Read more
In a horrific incident, a 30-year-old man allegedly killed his mother and two daughters at Gopalapeta village in Thallada mandal of Khammam district in the wee hours of Saturday. The victims were identified as 60-year-old Pichamma and her granddaughters — 11-year-old Neeraja and six-year-old Jhansi. The triple murder was triggered by the grudge the accused, … Read more
I bought a house in 2010 in my name, made my mom a co-applicant, and registered it on her name. Now I want to sell it. How would I be able to save tax? Will TDS be divided between me and my mother? Also, do I have to file a return for my mother to … Read more