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Showing posts from February, 2023

What Are Importance Points To Remember While Drafting A Rental Agreement?

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Renting out property can be a great way to earn some extra income or to maintain an investment property. However, it's important to ensure that you have a solid rental agreement in place before letting someone live on your property. A rental agreement is a legal contract between a landlord and tenant that outlines the terms and conditions of the rental arrangement. Here are some important points to remember while drafting a rental agreement: What are the important points I need to remember while drafting a rental agreement? Here are some important things to remember while drafting a rental agreement but you need to know about which types of rent agreement and also keep in mind These points are which is mention below.: Identify the Parties Involved The rental agreement should clearly identify the parties involved in the rental arrangement. This includes the landlord, who owns the property and is renting it out, and the tenant, who will be living on the property. Both parties shou...

Can I Change My Name After Graduation In India?

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Changing one's name is a personal choice, and people may choose to do it for various reasons. It can be due to religious beliefs, a change in marital status, or simply because they do not like their current name. In India, changing name is a legal process, and there are specific rules and regulations one must follow. In this article, we will explore the process of changing one's name after graduation in India. The Legal Process of Changing One's Name in India In India, Process of changing name is legal, and it is governed by the Indian Constitution and the laws of the land. The process is straightforward, and anyone can change their name by following the procedure laid down by the government. The first step in changing one's name is to draft an affidavit stating the reason for the name change. The affidavit must be on non-judicial stamp paper of the prescribed value, which varies from state to state. The person must sign the affidavit in the presence of a notary publi...

Declaring Stamp Duty in Income Tax: A Guide

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  What is Stamp Duty? Stamp Duty is a tax imposed on the transfer of ownership of certain property or financial instruments. It is levied on the transfer of ownership of real estate, shares, and other assets and is used to generate revenue for the government. Why is it important to declare Stamp Duty in Income Tax? Declaring Stamp Duty in income tax is essential to ensure that you are paying the correct amount of taxes and to avoid any penalties or legal consequences for non-compliance. It is also an opportunity for taxpayers to claim any eligible deductions or exemptions that may apply to their specific situation. What are the different types of Stamp Duty? There are two main types of Stamp Duty: Ad valorem Stamp Duty: This type of duty is calculated as a percentage of the value of the property or asset being transferred. Fixed-rate Stamp Duty: This type of duty is levied at a fixed rate, regardless of the value of the property or asset being transferred. How to declare Stamp Dut...

How To Change Name In Government Gazette Online?

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Name change is a common occurrence, and there are several reasons why someone might want to change their name. In India, the government gazette is the official journal that publishes announcements and notifications from the government, including name changes. In this blog, we'll guide you through the process of changing your name in the government gazette online. How can I change my name in the government gazette online? Changing name in the government gazette online is as easy as pressing a few buttons and filling forms. All you need to do is follow some easy steps. These steps are: Step 1: Choose the Reason for Your Name Change Before you start the process of changing your name, it's important to understand the reason behind it. Name changes can be made for various reasons, such as marriage, divorce, adoption, or simply a desire to change your surname after marriage . Step 2: Gather Supporting Documents Once you have decided on the reason for the name change, the next step i...