India, July 2 -- A bank-auctioned property reaches sale because a defaulting borrower's asset was held as loan security, and is not similar to a resale property. This distinction is the cause of ...

Selling a house can result in capital gains tax, depending on how long the property was held. However, certain exemptions are available for homeowners. Full details here.

Non-Resident Indians (NRIs) can buy and sell property in India, but such transactions are governed by the Foreign Exchange Management Act (FEMA), Reserve Bank of India (RBI) regulations and income tax ...

India, June 30 -- National Institute of Financial Management (NIFM) study in 2024, found that Indian banks recovered Rs1.35 lakh crore from NPA auctions in the year 2023 alone. As, unlike open market ...