Change in Rate of Service Tax on Money Changers

Change in Rate of Service Tax on Money Changers   Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC]   With effect from 16.05.2008, the services pertaining to purchase or sale of foreign currency, including money changing was brought under service tax. The authorised dealers in foreign exchange or authorized changers were also covered. The … Read more

Take the Cash and Run…351 Exchanges Explained

Many of our area’s real estate investors have heard of the 1031 exchange, a technique where property held for investment is exchanged for “like kind” property thereby deferring capitol gains taxes until a later tax year. While investors like being able to defer taxes until a later year, many complain that they’d like a way … Read more

Godrej Properties to File for Ipo in Few Days – TV

MUMBAI (Reuters) – Godrej Industries Ltd chairman Adi Godrej said on Tuesday the group’s real estate unit, Godrej Properties, will file papers for an initial public offer with the markets regulator in “a few days”. “We will file the prospectus with SEBI (Securities and exchange Board of India) in a few days,” Godrej told … Read more

The Importance of Property Management Software to Profitability

Before anything else, a proper definition of property management software is necessary.  It will help you understand what is so you as property manager will know why it is essential in your business.  So, to define the phrase, it means a device used with a computer that’s linked to the internet to help you in … Read more

Section 1031 ? Its Relevance in Deferring Capital Gains Taxes

In the process of venturing into real estate investments, there are certainly legal obligations you need to deal with that must be in lieu with the laws of the federal state such as taxes incurred for gaining a property. However there are likewise salient regulations that make real estate investment a more viable venture minus … Read more