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Indian-Origin Landlord In Canada Reveals He Earns 9 Lakh A Month By Renting Out 4 Properties
A 33-year-old Indian-origin businessman who has four properties in Canada with 28 rooms earns more than Rs 9 lakh a month only by collecting rent.
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Airbnb Obliged to Provide Details to Tax Authorities, Says EU Court Adviser
Airbnb is obliged to provide information in rental contracts to tax authorities, said adviser to an EU court. The statement can come as a potential legal setback for Airbnb in Europe. The company challenged a law requiring short-term rental sites to forward information from their rental contracts and withhold 21 percent from the rental income and p...
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BSNL Eyes Recovery of Rs 3,000-Crore Dues From Enterprise Clients In 2-3 Months
Bharat Sanchar Nigam Ltd (BSNL) is eyeing increased earnings from renting out its premises at various locations - the target for rental income has been set at about Rs 1,000 crore this year.
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Budget: Industry Body For Hike In 80C Income Tax Deduction To Rs 3 Lakh
India Budget 2019: Assocham, in its Pre-Budget Memorandum has demanded that the deductions under the Section 80C of the Income Tax act should be increased to Rs 3 lakh from existing deduction limit of Rs 1.5 lakh, among other demands on the income tax front. Assocham said the current limit needs to be revised with passage of time. A higher limit wi...
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Vodafone's Rs. 399 RED Basic Plan Offers 10GB Data, RED Together, Data Roll Over Benefits
RED Together feature is meant for groups like families, and is said to provide up to 20 percent savings on the total rental of the group, and offer up to 20GB data extra.
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Fringe Benefits Availed By Employees Liable To GST
On rental income, the CBEC said GST will not be levied on the rental income of less than Rs 20 lakh in a year.
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Rental Income Over Rs 20 Lakh To Attract GST, Says Hasmukh Adhia
Revenue Secretary Hasmukh Adhia said that if rental income on commercial properties exceeds Rs 20 lakh, GST will be levied.
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New Income Tax Rules On Home Loan Come Into Effect. Details Here
Now the limit that can set off against the loss from rented house property has been restricted to Rs 2 lakh per annum.
-
New Income Tax Rules On Home Loan Benefits, See Details Here
As per current tax laws, for properties rented out, a borrower could deduct the entire interest paid on home loan after adjusting for the rental income.
-
Union Budget 2017: 10 Income Tax Changes That Will Impact You
Individuals will be now required to deduct 5 per cent TDS or tax deducted at source for rental payments above Rs. 50,000 per month.
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Idea Launches Extra Data, Unlimited Calling Plan For Customers
Idea post-paid customers subscribing to Rs 499 rental plan will get unlimited local, national and incoming roaming calls with 3GB free Data on 4G Handset.
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Vodafone Offers International Roaming Plan To Customers
Telecom service provider Vodafone on Tuesday announced an international roaming plan where customers can pay a daily rental of Rs 500 and get free incoming calls.
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DLF Q3 Net Profit Up 24% as Rental Income Rises
DLF Ltd, India's biggest listed real-estate developer, reported a 24 per cent rise in quarterly profit, helped by a surge in income from commercial rental business even as demand for residential property remained weak.
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DLF's Rs 1,100 Crore Shopping Mall in Noida to Open in November
DLF is expecting Rs 200 crore rental income per year from this mall, which has a leasable area of about 2 million sq ft.
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Unitech Leases Office Space to Google, to Get Rs 600 Cr Rent: Report
Realty firm Unitech has given on lease a large office space in Gurgaon to Google, generating about Rs 600 crore of rental income over the next nine years.
-
Indian-Origin Landlord In Canada Reveals He Earns 9 Lakh A Month By Renting Out 4 Properties
A 33-year-old Indian-origin businessman who has four properties in Canada with 28 rooms earns more than Rs 9 lakh a month only by collecting rent.
-
Airbnb Obliged to Provide Details to Tax Authorities, Says EU Court Adviser
Airbnb is obliged to provide information in rental contracts to tax authorities, said adviser to an EU court. The statement can come as a potential legal setback for Airbnb in Europe. The company challenged a law requiring short-term rental sites to forward information from their rental contracts and withhold 21 percent from the rental income and p...
-
BSNL Eyes Recovery of Rs 3,000-Crore Dues From Enterprise Clients In 2-3 Months
Bharat Sanchar Nigam Ltd (BSNL) is eyeing increased earnings from renting out its premises at various locations - the target for rental income has been set at about Rs 1,000 crore this year.
-
Budget: Industry Body For Hike In 80C Income Tax Deduction To Rs 3 Lakh
India Budget 2019: Assocham, in its Pre-Budget Memorandum has demanded that the deductions under the Section 80C of the Income Tax act should be increased to Rs 3 lakh from existing deduction limit of Rs 1.5 lakh, among other demands on the income tax front. Assocham said the current limit needs to be revised with passage of time. A higher limit wi...
-
Vodafone's Rs. 399 RED Basic Plan Offers 10GB Data, RED Together, Data Roll Over Benefits
RED Together feature is meant for groups like families, and is said to provide up to 20 percent savings on the total rental of the group, and offer up to 20GB data extra.
-
Fringe Benefits Availed By Employees Liable To GST
On rental income, the CBEC said GST will not be levied on the rental income of less than Rs 20 lakh in a year.
-
Rental Income Over Rs 20 Lakh To Attract GST, Says Hasmukh Adhia
Revenue Secretary Hasmukh Adhia said that if rental income on commercial properties exceeds Rs 20 lakh, GST will be levied.
-
New Income Tax Rules On Home Loan Come Into Effect. Details Here
Now the limit that can set off against the loss from rented house property has been restricted to Rs 2 lakh per annum.
-
New Income Tax Rules On Home Loan Benefits, See Details Here
As per current tax laws, for properties rented out, a borrower could deduct the entire interest paid on home loan after adjusting for the rental income.
-
Union Budget 2017: 10 Income Tax Changes That Will Impact You
Individuals will be now required to deduct 5 per cent TDS or tax deducted at source for rental payments above Rs. 50,000 per month.
-
Idea Launches Extra Data, Unlimited Calling Plan For Customers
Idea post-paid customers subscribing to Rs 499 rental plan will get unlimited local, national and incoming roaming calls with 3GB free Data on 4G Handset.
-
Vodafone Offers International Roaming Plan To Customers
Telecom service provider Vodafone on Tuesday announced an international roaming plan where customers can pay a daily rental of Rs 500 and get free incoming calls.
-
DLF Q3 Net Profit Up 24% as Rental Income Rises
DLF Ltd, India's biggest listed real-estate developer, reported a 24 per cent rise in quarterly profit, helped by a surge in income from commercial rental business even as demand for residential property remained weak.
-
DLF's Rs 1,100 Crore Shopping Mall in Noida to Open in November
DLF is expecting Rs 200 crore rental income per year from this mall, which has a leasable area of about 2 million sq ft.
-
Unitech Leases Office Space to Google, to Get Rs 600 Cr Rent: Report
Realty firm Unitech has given on lease a large office space in Gurgaon to Google, generating about Rs 600 crore of rental income over the next nine years.
