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Income tax and nri

Income Tax & NRIs: 10 Questions Answered

Income Tax & NRIs: 10 Questions Answered The government is upping its ante against tax evaders. In the recent past, a slew of measures has been announced to check misreporting of income by individuals. In light of the new developments, it has become a must for all of us to clearly understand our tax liabilities…

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taxes and fine on benami property

Taxes and penalties on benami properties

Taxes and penalties on benami properties Benami properties attract penalties, not only under the benami laws, but also under the income tax laws. Here’s a look at the implications for the beneficial owner, as well as the benamidar In order to eliminate the twin menace of corruption and black money, the ‘Benami Transactions (Prohibition) Act’…

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greenfield project

Real estate basics: What is a Greenfield Project?

Real estate basics: What is a Greenfield Project? What is the significance of a greenfield project and what are its advantages and disadvantages? We explain A greenfield project is one, where the land on which the project is developed, has never been used and there is no need to rebuild or demolish an existing structure….

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