Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Selling property? Know your tax timelines
Mint New Delhi
|March 24, 2025
I have an apartment that I want to sell. If I sell it before March 31, 2025, will I have to pay the entire capital gains tax as advance tax by the same date?
My reservation is that the buyer will pay me in two installments, so I will not have enough money to pay the full tax before the end of this financial year. If I sell the property in April 2025 instead, I will get time till June 15, 2025, to pay advance tax. Is that correct?
It is assumed that you wish to sell an apartment in March 2025, for which payments will be received in two tranches spread across separate financial years, that is, one in March 2025 (FY25) and the balance in FY26. It is also assumed that you are below 60 years of age, and hence, the advance tax provisions are fully applicable to you under India's income tax regulations.
Denne historien er fra March 24, 2025-utgaven av Mint New Delhi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint New Delhi
Mint New Delhi
The words we aren't using
Listen. That's all I did one afternoon at the Museum of Art and Photography in Bengaluru last week.
1 mins
November 29, 2025
Mint New Delhi
Former DBS CEO is Temasek India's new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-exec role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said. He will join on 1 December.
1 mins
November 29, 2025
Mint New Delhi
Apple's 5th India store to open in Noida soon
Apple announced on Friday it will open its fifth retail store in India on 1 December in Noida's DLF Mall of India—marking its second store in the National Capital Region after Delhi, which opened in April 2023.
1 min
November 29, 2025
Mint New Delhi
120 ways of cooking your vegetables
Restaurateur Camellia Panjabi's new cookbook is a deep dive into the country’s vast and varied vegetarian cuisine
4 mins
November 29, 2025
Mint New Delhi
Tiramisu is trending and nobody is complaining
Tiramisu, tiramisu latte, rasgulla tiramisu, masala chai tiramisu, tiramisu tres leches—it seems like almost every café or restaurant across the country has some version of the Italian dessert on its menu.
4 mins
November 29, 2025
Mint New Delhi
Former DBS CEO is Temasek India’s new non-exec chair
Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.
1 mins
November 29, 2025
Mint New Delhi
Everything that’s wrong with India’s development story
This new book inquires into the conditions under which India has tried to develop in the past 75-plus years
4 mins
November 29, 2025
Mint New Delhi
Two women navigate love and politics in Mumbai
This novel's charm lies less in plot twists and more in the lived-in world of the millennial women it depicts accurately
3 mins
November 29, 2025
Mint New Delhi
Art Deco feels in Indian fashion
The 100-year-old style has inspired design worldwide. Why doesn't it have a big presence in Indian fashion?
4 mins
November 29, 2025
Mint New Delhi
India hopes to seal US reciprocal tariff pact by end of Dec
India is looking to finalize a framework agreement on reciprocal tariffs with the US by the end of this year, said commerce secretary Rajesh Agrawal, marking a significant step toward resolving the strained bilateral trade between the two countries.
1 mins
November 29, 2025
Listen
Translate
Change font size