Office demand improvement which began from the second quarter of FY24, sustained in the current quarter as well. The brokerage firm recommends a ‘Buy’ rating each on Embassy Office Parks REIT, Mindspace Business Parks REIT, Brookfield India Real Estate Trust and Nexus Select Trust. While occupancies improved during the quarter, management of all the office REITs were confident that occupancies …
How is income from house property taxed in India for NRIs or non-resident Indians? Rental income from the property situated in India is taxable in the hands of the owner of the house property, whether it is for an NRI or a resident Indian. The method of computing taxable rental income is prescribed under the income tax law as follows: …
Rent earned from real estate property, both residential and commercial, is added to the total income and taxed at applicable tax slab. As per Income Tax laws, a taxpayer is required to pay tax on the rent actually earned on a let out property and also on notional rent applicable to properties that are not let out but cannot be …
“Wajid Ali began to cry When told it was truth and no lie That the firangs were there To irreversibly declare That the Doctrine of Lapse would apply.” — From The Piranha Purana, by Bachchoo In a surprise reshuffle of the UK Cabinet this week, BoJo sacked his education secretary Gavin Williamson. During the school closures, teaching was online and …
Everyone’s got a sound that drives them potty. He droned something about ‘ensuring that the nation’s children have not only a safe education, but an excellent one' Gav doesn’t so much speak as drawl, each syllable he utters is stretched and elongated like pasta dough. He droned something about ‘ensuring that the nation’s children have not only a safe education, …
