Haryana fixes April 30 for submission of online property returns every year

By Accommodation Times Bureau CHANDIGARH Haryana Government has decided that all government employees Class I, II and III would submit their property return online for the financial year 2017-18. The deadline for the submission of online property returns is April 30th of every year Financial Year. While giving this information today, an official spokesman gave

Punjab Govt made mandatory to file property returns to its employees

By Accommodation Times Bureau Chandigarh: Today the Punjab government has made it obligatory to its employees to filling the property returns. While talking with media senior authority said that, “in a meeting while discussing to deter irregularities and transparent deals Chief Minister Parkash Singh Badal has made it compulsory to

Defaulter babus to face dire consequences following to unpaid property returns

By Accommodation Times Bureau New Delhi: Approx 454 babus (bureaucrats) so far haven’t cleared the annual property returns on time, directed to government to take against the defaulters on higher priority basis. The Department of Personnel and Training (DoPT) prepared defaulter’s list and sent to concern department asking them to provide

Demand For Residential Property Boosted By Returning NRIs

This year, an estimated 25 million NRIs living in 130 countries have remitted US$52 billion. In fact, India topped the list of countries in remittance flow followed by China and Mexico, World Bank report on Migration and Development Brief revealed. This year, migrant remittance flow to developing countries will be around

Bangalore: Flourishing city in all terms calls for huge investments with guaranteed returns

By Accommodation Times News Service BANGALORE The Metropolitan, ever-growing capital City-Bangalore, has become a major hub for fruitful investments. The residential and commercial plots are the idea of capital appreciation not only in the minds of localities but also non-locals who come to this city to improve their standard of living by

Will the anguished home buyer return to under-construction properties?

By Nibodh Shetty, Consultant - Research, Knight Frank India The government has been trying hard to bring back buyer confidence for committing to under-construction properties by asking states to implement RERA, which would safeguard the buyer’s interests. Maharashtra has been the first state in India to have implemented RERA by notifying

Tamil Nadu’s registration dept returns to offline registration of land

     By Accommodation Times Bureau  CHENNAI     The Tamil Nadu's registration department has returned to the manual process for registration of property documents.  The authority two days after launching the online process it switched to manual registration. On Wednesday people complained that they faced difficulties in the online process. Authority officials said a server had slowed

1% TDS On Purchase Of Immovable Property must be deducted

By Accommodation Times Bureau Under Section 195, on transfer of immoveable property by a non-resident, tax is required to be deducted at source by the transferee. However, there is no such requirement on transfer of immoveable property by a resident except in case of compulsory acquisition of certain immoveable properties (section 194LA). The Finance Act,

TDS on Purchase of Immovable Property

By Accommodation Times Bureau Under Section 195, on transfer of immovable property by a non-resident, tax is required to be deducted at source by the transferee. However, there is no such requirement on transfer of immovable property by a resident except in case of compulsory acquisition of certain immovable properties (section 194LA). The Finance Act,