Section 80CCF allows taxpayers to invest in infrastructure bonds and deduct their investment. Taxpayers can save a lot and build infrastructure by knowing this clause.

Finance Budget 2024 suggested lowering property long-term capital gains (LTCG) tax from 20% to 12.5% and eliminating indexation. This shift affects real estate investors greatly. Ghar highlights key points:

Planning and knowing the local real estate market are essential when investing in rental homes. Buyers must consider market circumstances and property ownership costs and dangers. The growing real estate market in Mumbai makes rental property investment an attractive proposition.

The Income-Tax Appellate Tribunal (ITAT) Mumbai tribunal ruled recently that rental recompense received from a contractor as a result of redevelopment is not taxable in the hands of the erstwhile unit proprietor.