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GST on real estate

How will it impact home buyers and the industry With the Goods and Services Tax (GST) intended to replace multiple levels of taxation, we look at how it will affect the real estate sector – from home loans and housing purchase to rentals, across various segments...

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Stamp duty and tax on gift deed of property

Gifting is an act, through which a person voluntarily transfers certain rights in an asset to another person, without any consideration. Gifting of a house property, has certain income tax and stamp duty implications.As per the Transfer of Property Act, the transfer of a house...