A guaranteed financing certificate (GIC) is a financial product that provides a low-risk and guaranteed rate of return. It should not be confused with a guaranteed investment contract, which also uses the GIC abbreviation. Guaranteed funding certificates are available from Canadian banks, credit unions, and other financial institutions, and they are covered by the Canadian […]
Tag Archives: India
Nepal and India’s infrastructure rules are “wildlife-friendly,” but not for birds
Tags: IndiaInfrastructure
Various studies have shown that forest sections within the Indian subcontinent are becoming increasingly fragmented due to factors such as the development of roads, power lines, and trains.
All About Section 115BAC New Tax Regime
During his Budget 2020 address, India’s Finance Minister announced the addition of a new section 115BAC to the Income Tax Act of 1961. Section 115BAC of the Income Tax Act becomes effective in FY 2020-21, and it provides a new and non-obligatory gains tax system for HUFs and individuals.
Misgivings And Working Under Austerity
Austerity consists of a collection of fiscal plans used by a government to reduce public debt. Governments adopt this action when their public sector debt is massive and there is a high probability of failure or incapacity to repay the loan and meet commitments.
Significance of child-centered residential projects in metropolitan areas
Over the previous two years, the COVID-19 epidemic has left children trapped at home. Whilst it subsides and schools restart, the epidemic has highlighted the necessity for ‘child-centric’ urban residential constructions, providing the term with a whole new definition.
Prima facie: Definition and application in a court of law
What exactly is prima facie? Prima facie is a Latin term that means “at first sight,” “at first glance,” or “on first impression.” It has become commonplace in legal proceedings and implies that things are true unless proven differently. In civil and criminal law, the word means that a legal claim has substantial proof to […]
What exactly is Land Tax?
When intending to buy a land/plot or a developed property, it is essential to consider extra charges like stamp duty and registration fees to properly handle money. Land tax, on the other hand, is a regular expenditure that is paid bi-annually or annually. As a result, it must be completely comprehended before making a real […]
Aspects to remember before canceling an apartment booking
Tags: IndiaReal Estate
Home purchasers may be compelled to conclude their home-buying adventure prematurely for causes beyond their influence. There have been numerous recent examples when customers were forced to cancel their reservations owing to the unexpected lack of money caused by the Coronavirus outbreak. In other circumstances, the buyer may alter his or her decision upon uncovering […]
All You Need to Know About Gharbari plots
Gharbari plots are specially designed for dwelling purposes and are referred to as gharbari plots. These open land or plots are located underneath the yellow region of the metropolis, allowing for the establishment of plans with the help of the panchayat or municipal administration.
About Tax on Commercial Property
It cannot be stressed that commercial real estate is a costly proposition since you have a chance of gaining the double benefits of capital price appreciation and predictable month-to-month income via leases. However, there are few notable differences between residential and industrial dwellings in terms of obtaining tax benefits.
