Asset
The residential segment of the real estate market, defies the price determining demand-supply mechanism. The Fitch group’s research arm, India Ratings and Research Pvt. Ltd. recently came up with a report titled “2014 Outlook: Real Estate Sector”. It has been said in the report that the prices of residential units have risen continuously since financial [...] Continue Reading »
Whether your asset yields income or not, you still have to manage to pay the wealth tax every year. The property which exceeds the rate of Rs30 lakh will have to pay wealth tax at 1 percent of the total amount. However, wealth tax on house property is payable only on the “unproductive assets” and [...] Continue Reading »
