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The residential rental market in India is pegged between $18 billion and $20 billion, according to industry estimates. Whereas, the emerging student accommodation market is estimated at about $10 billion. Student and young professionals, migrating away from their homes for studies or jobs, invariably find it difficult to locate a good housing accommodation which can give them the comfort of their own home.
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One has to bear taxes, whether willingly or unwillingly. Income-tax tax is one of the most oldest form of collecting revenue for governments. Income-tax is so certain that any concession or relaxation granted by the government is considered to be a gift to public and many a times tax concession is granted to boost economic activities.
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Know the income tax benefits available to startups
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