Category: Property
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Is NRI income from Indian assets taxable?
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Mohit has a three-bedroom apartment in Noida which is rented out for Rs 35,000 a month. He also has a share in agriculture land that was once owned by his father and uncles. He gets income from the land too. The rental income from the flat and from land is…
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Will LVR home loan restrictions go by Christmas?
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The Reserve Bank of New Zealand’s indication that the loan restrictions (LVR) imposed last year will be eased toward s the end of 201 has come as a relief for many first-home buyers as well as home sellers. This is welcome news for provincial New Zealand, where the restrictions have…
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Indian elections slow down property market
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While Indians go out to vote in the world’s largest voting exercise, the real estate market is eagerly waiting for the outcomes of India’s general elections. The activity in the property market in India has slowed down in the lead up to what is being described as the most consequential…
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Indian students in US launch website on Lok Sabha elections
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The ‘FiveFortyFive.com’ is a “single-subject website” focusing on the Indian general elections founded by six Columbia journalism school students.
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Acrylic art works by a Pune based artist
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Pune based artist Rahul Phulkar is currently showcasing his recent works at a gallery in SoBo.
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Filmmaker Rohit Gupta honored by the Limca Book of Records
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Acclaimed filmmaker Rohit Gupta has been honored by India’s prestigious Limca Book of Records for his award-winning feature film Life! Camera! Action…
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Of human figures and landscapes
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Delhi-based artist Vikash Kalra will be displaying his recent work this weekend in Mumbai.
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Indian-origin scientist gets US funding for cancer research
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An Indian-origin scientist researching in the field of cancer will be receiving a $17 million fund from the US medical science funding body, said an official statement Tuesday.
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NRI income tax return: deemed rent
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NRIs (Non Resident Indians) investing in real estate in India get excited about high returns on property, but don’t consider the NRI Income Tax rules. Filing tax returns are a priority now that the due date for the year 2011-12 is close. NRI Income Tax rules has some strange provisions…
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Sonu Nigam: The lord of cords
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Well, the king of cord, Sonu Nigam demanded no such attention and yet my heart and soul played to each note he sang.