Free Press Journal
  • Taxation in delayed housing projects

    The deduction u/s 80C for capital repayment and the interest u/s 24 are allowed only when the income from house property becomes chargeable to tax. In other words, the construction should be complete, the flat should be ready for occupation and the municipal annual value is known. If your house is not complete, you cannot claim the deduction. Like one of our clients succinctly put it, can claim the benefit only after

  • Rupee fall was long overdue: Arvind Panagariya

    New Delhi : Former Niti Aayog vice-chairman Arvind Panagariya has opined that rupee depreciation was long overdue, saying appreciated currency had hurt the country’s exports.

  • Builders see title insurance raising financial burden

    Mumbai : Even as the Real Estate (Regulation and Development) Act makes it mandatory for developers to take title insurance, builders are hesitant to adopt it, saying it may further add to financial burden, say experts.

  • Sebi looks to beef up surveillance

    New Delhi : Eyeing a major technological leap in its surveillance and investigation functions, markets watchdog Sebi plans to build a private data storage cloud, automate its inspection of brokers and make greater use of data analytics.

  • Asian Games : Saina-Sindhu final looms after historic wins

    Jakarta : Olympic medallists PV Sindhu and Saina Nehwal on Sunday headed for a gold medal showdown at the 18th Asian Games after their quarter-final victories ensured India’s first ever women’s singles medals at the Continental event.

  • Asian Games : Boxer Sarjubala enters quarters; Manoj, Shiva exit

    Jakarta : Former world silver-medallist Sarjubala Devi advanced to the quarter-finals but Manoj Kumar and Shiva Thapa were ousted after pre-quarterfinal losses in the Asian Games boxing competition here on Sunday.

  • Asian Games : India clinch two bronze medals in Bridge

    Jakarta : India settled for two bronze medals from the debut sport of bridge in the Asian Games after the men and mixed teams lost their semi-final matches here on Sunday. The men’s team lost to Singapore while the mixed team suffered defeat at the hands of Thailand. There is no bronze medal play-off in bridge sport at the Games.

  • Asian Games : Indian women’s team in table tennis quarters

    Jakarta : The Indian women table tennis players made a positive start to their campaign at the 18th Asian Games by reaching the quarter-finals of the team event here on Sunday. The Indian team comprising Mouma Das, Ayhika Mukherjee and Sutritha Mukherjee defeated Qatar 3-0 in the first match but lost to China 0-3 in the second tie. The Indians, however, outplayed Iran 3-1 in their next match to join China in

  • Fletcher deserves credit for shaping Indian pace attack, says Compton

    Southampton : Duncan Fletcher handled the toughest transition phase in Indian cricket post the retirement of stalwarts and he should be given due credit for shaping of the pace of attack of the current team, former England opener Nick Compton. Indian pacers took 19 out of 20 wickets at the Trent Bridge where India beat England by 203 runs to peg the series at 2-1.

  • Spanish league : Dembele gives Barcelona narrow win

    Madrid : Ousmane Dembele’s second-half strike was the difference as reigning La Liga champions Barcelona ground out a 1-0 win away to newly-promoted Valladolid on Saturday to maintain their perfect start to the campaign.

  • US Open : Djoko eyes third title as ‘big four’ reunite

    New York : From the pits of despair in Paris, record-setting Novak Djokovic now eyes a third US Open title in New York where for the first time since Wimbledon last year, the sport’s ‘Big Four’ will be reunited. Djokovic became the first man to win all nine Masters titles with victory over Roger Federer at Cincinnati.

  • Asian Games : Skeet shooters falter

    Palembang : India’s shooting campaign at the Asian Games ended on a disappointing note after four skeet participants failed to qualify for the finals on Sunday.

  • Snooker: Mukund Bharadia on fire, cracks 98 break

    Mumbai : Cricket Club of India cueist Mukund Bharadia was in outstanding form and produced the big breaks to dash the spirited challenge from Aashit Pandya of Dombivali Gymkhana by pulling through in five frames at 3-2 in a second round match of the Khar Gymkhana Open Handicap Snooker Tournament at the Khar Gymkhana billiards room.