Around one million people missed the deadline to file their self-assessment tax return, leaving them facing automatic penalties, according to HM Revenue and Customs. HMRC said 27,456 taxpayers filed in the final hour before the midnight cut-off at the end of Saturday, after the tax authority kept helplines open and extended webchat services over the […]
For Budget 2026, homebuyers have proposed that the government clearly define ‘affordable’ and ‘mid-segment’ housing, including caps on permissible rates per square foot of carpet area and minimum mandatory facilities and amenities. Their wishlist also includes stricter accountability for developers, with financial penalties for project delays or failure to honour booking-stage commitments, mirroring the loss […]
Property tax is mandatory, but the rules are complex and differ across the country. Learn the three key systems used to calculate your tax, how to find rebates you qualify for, and what penalties you face if payments are delayed. Property Tax: Municipal bodies across India generally rely on three primary systems for calculating tax: […]