Let Out News

Money

If you own multiple properties, only one will be considered as self-occupied

Even if there are no financial gains from other properties, tax will need to be paid on their annual value

2 min read10 Dec 2018
Money

Loss from house property can now be set off for eight subsequent financial years

As per the recent amendments effective from the FY2017-18, the house property loss incurred in a financial year has been capped at Rs2 lakh

3 min read17 Apr 2017
Money

The landlord may not hike your rent this year

Demonetization and the slump in real estate has affected rentals

4 min read9 Jan 2017
Money

Did you know: for tax purposes, when is a house considered to be let out?

If you own more than one residential property, only one of those can be considered to be self-occupied. Which one will that be?

2 min read22 Sep 2016
Money

The entire interest on housing loan can be claimed for tax deduction against the net rental value

2 min read12 Aug 2015

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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