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Showing posts from July, 2023

NOIDA’S VED VAN PARK – INDIA’S FIRST-EVER VEDIC THEME PARK

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India’s first-ever Vedic Theme Park,   Ved Van Park , was officially inaugurated by the chief minister of Uttar Pradesh, Yogi Adityanath.  If you want to visit, the newly opened Ved Van Park is in sector 78 in Noida. Construction began in January 2021, and the park’s soil was compacted as it was built on a former trash yard.  Pic Courtesy: Newway Journey Ved Van Park is a unique spot for fun and constructive activities with friends and family. It offers a wide range of amenities and areas for recreational facilities while rejuvenating the Vedic beliefs and culture with its theme.  Ved Van Park Features  The Ved Van Park in Noida Sector 78 has ample greenery with several modernized attractions for visitors. The entire construction project was completed with a total cost of Rs 27 crores.  Interestingly, the park has sculptures and murals representing Atharva Veda, Yajur Veda, Sama Veda, and Rig Veda. Furthermore, the park has technologically advanced attractions, like sound and laser dis

NRIS: INCOME TAX RULES TO KNOW WHEN SELLING INDIAN PROPERTY

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  Did you buy a property in India that you now want to sell at a profit? Before you move forward with the sale process, make sure to learn about the different income tax rules applicable to an NRI looking to sell a property in India.  This blog discusses everything you need to understand about capital gains tax and tax exemptions.  How Much TDS Must an NRI Seller Pay on The Sale of Property in India? TDS stands for Tax Deducted at Source. According to the law, the resident buyer must deduct 20% TDS as Long-Term Capital Gains Tax while purchasing a property from an NRI Seller if it has been held for over two years.  However, NRIs have to pay a TDS of 30% if they sell their property in India within two years of buying it. It should be noted that this tax is deducted as Short-Term Capital Gains Tax. Don’t forget that the deduction also includes TDS plus surcharge, education cess, and health.  The tax an NRI is liable to pay on the gains is determined by whether it’s a short-term (under 2

2 BHK FLATS IN NOIDA – GAME CHANGING LUXURY RESIDENTIAL PROJECTS

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Noida has developed into one of India’s fastest-growing cities, drawing both professionals and corporations. The demand for 2 BHK flats in Noida as well as luxury apartments has risen significantly due to its rapid development and connectivity to the National Capital Region (NCR), which includes Delhi, Gurgaon, Faridabad, and Ghaziabad. This cosmopolitan city is renowned for its well-planned infrastructure, wide roads, green spaces, and efficient public utilities. It is also home to several IT and business parks, making it a hub for multinational companies like Samsung, HCL, and Accenture. The city is well connected via a network of expressways, highways, and the Delhi Metro. Let’s not forget that Noida’s residential and commercial developments are accompanied by rapid growth in education and healthcare facilities. Renowned institutions such as Amity University, Galgotias University, and Jaypee Hospital are located here. For leisure and entertainment, Noida offers an array of malls, mu