What is a Gated Community: Meaning, Features and Benefits
A gated community, also known as a gated society, is a type of residential complex or gated property that restricts access to residents and their verified guests. These communities are surrounded by walls or fences and feature controlled entry and exit points. Under the <a href="https://w
Taxation of AOP Registered Under Societies Act in India
The taxation of AOP registered under societies act depends on how member shares are defined and how income is earned. Such societies are treated as separate legal entities for income tax, must obtain a PAN, and file ITR-5 every year. For housing societies and community associations in Ind
Boom Barrier System for Housing Society Security and Access
Managing entry and exit at a housing society gate is a challenging responsibility. With residents, visitors, delivery personnel, and vehicles moving in and out throughout the day, security guards must remain alert around the clock. As one of the busiest points in any apartment complex, th
Water Bill Payment Online in Bangalore: Step-by-Step Guide
The city of Bangalore has recently introduced both an online website and a mobile application for users’ convenience. The consumer may proceed with their water bill payment online in Bangalore by using either the website or the mobile app. Recharging a phone is a good analogy for paying a
Principle of Mutuality in Co-operative Society in India
The principle of mutuality in co-operative society means that members cannot make a profit from themselves. When contributors and beneficiaries are the same group, surplus funds are treated as savings, not taxable income. This concept protects housing societies and member associations fro
Strengthen Communication with NoBrokerHood Society Forum
Every society has conversations happening all the time, questions being asked, updates being shared, and discussions unfolding. The challenge isn’t the lack of communication, but having one place where all of it comes together. The Society Forum gives residents a common space to talk, dis
The Need for Smarter Billing and Financial Management
Managing society's finances goes far beyond paying bills or maintaining accounts. The Managing Committee members are responsible for handling shared funds with transparency, accuracy, and accountability. As societies grow, so do expenses, vendors, and resident expectations. What worked ea
Stamp Duty on Rental Agreement in Telangana
The stamp duty on rental agreement in Telangana is generally 0.5% of the total annual rent plus deposit. If the lease is 12 months or more, registration is mandatory and a 0.2% registration fee is also applicable. Most 11 month agreements are notarized on stamp paper. <!-- /wp:paragra