Ghar Rental Application: Fill & Download for Free

The documents mentioned in the question description will work as they constitute legal evidence. It's a wise move , Don't worry. The rental agreement between you and your father is an example of tax planning. It will help you claim expenditure on rent paid to your father and the rental income of your father will be taxed according to rates applicable to individual.So you can document the agreement in such a way that the rental income falls short of basic amount below taxable limit. Let's just say it is 2.4 lac p.a. which amounts to 20k p.m. (assuming your father's age is less than 60 years ).In short you will be able to claim 2.4 lac p.a. expenditure from your taxable income. It also means 2.4 lac p.a. income is tax free and your father can file income tax return with nil tax.Ghar ka paisa ghar mein hi rahega :P

The most soul-satisfying thing that i have done is to finance the education of a boy till he got a job.The story goes like this :-During 3rd year of college in Delhi, i had to shift in my friends’ 3BHK flat. There were total 4 guys other than me alredy living there.. All were studying in Colleges expect one member- Let’s call him The kid. That kid was hardly 16–17 yeara old. Later i came to know that the kid was there coz one of my flatmates who had promised to get him some job in Delhi. Apparently he couldnt find him a job. That kid was there since 1 and half years. Further enquiry revealed that he belonged to a very very poor family. His village was in a Maoist- affected district on the southern border of Bihar. His family had some land in the village which provided for their needs. But his father was unable to provide him any money for studies. The kid knew my flatmate through some contact, got assurance regarding job and came to Delhi. Now his father back village was under impression that his son has gone to delhi for work and studies both. The worst part was that he was doing none. It was 2 years since the kid had passed his Matriculation (Secondary) exams. After that it was like as the time had stopped for him. He did nothing the whole day other than reading newspapers, listening FM Radio and doing any work that my loser flatmate assigned him. In reality he didnt know what to do, how to do. Most importantly he was devoid of any support system of financial backup to do anythng. Other flatmates did notice this but no one was able to do anythng as we all were still studyng in colleges and were dependent on our parents.Anyways, i finished 3rd year of college and soon got a job. The year was 2009. The day i got my first salary, the first thing i did was to go back to Delhi and ask him- Padhega??? ( wanna study??). Obviously he said Yes. At that time i was posted in Chandigarh.The next thing i did was to send him back to his home town. I enrolled him for appearing in Intermediate exams(higher secondary). Got him a room in the city to prepare for exams and provided him with bicycle, books etc. I opened an account for him in a Bank and started sending a fixed amount regularly for his expenses. As expected , he passed the Intermediate exams with first class.Next, i got him a rental place to live in Patna ( a good place in Bihar to study and prepare for competitive exams). Enrolled him in College for graduation and simultaneously in coaching for competitive exams. The kid was laborious, honest and trustworthy. He understood the importance of the opportunities he was getting for himself as well as his family. He passed his graduation by 2013. Meanwhile, i left my job in dec 2012 amd didnt join another till aug 2013 due to some reasons. But, i cudnt leave him midway and jeopardise all these efforts and his career. So, i kept aside the PF money i got and kept supporting him financially. Consequently, he started applying for various competitive exams like Banking, SSC etc. I had to provide him with some extra cash every now and then as the application to govt exams requires some stipulated fees/ charges.Finally, the kid succeded n landed a good job in CRPF in administrative division. The time was July 2014. I cant really explain the joy, satisfaction and feeling of achievement i did that day. This was the best of me. To continue supporting him financially n mentoring him in every way possible was somethng i did out of my comfort zone. And that gave me a hell lot of satisfaction.By the way, the kid has converted his kachha (mud house) ghar into pakka ( brick n mortar house) ghar- he took a personal loan for that. Owns a laptop. Financing his younger sibing’s education. Still saving some money for his sister’s marriage.

Pradhan Mantri Awas YojanaPradhan Mantri Awas Yojana (Urban) Mission propelled on 25th June 2015 which expects to give lodging to all in urban zones by year 2022. The Mission gives Central Assistance to the actualizing offices through States/Union Territories (UTs) and Central Nodal Agencies (CNAs) for giving houses to every single qualified family/recipients against the approved interest for houses for about 1.12 cr. According to PMAY rules, the size of a house for Economically Weaker Section (EWS) could be upto 30 sq. mt. cover territory; anyway States/UTs have the adaptability to improve the size of houses in discussion and endorsement of the Ministry.With the current situation of soaring prices of houses and flats, people are bound to search for such homes that have decent rentals. Day by day, population is increasing in every city/state. Delhi being the capital city has its population increasing at an alarming rate. The reason is simple – one, because it is our capital city, thus it is preferred by all. Secondly, people are shifting their base to Delhi insearch of good jobs and of course the students for higher studies. Seeing this, our Prime Minister has announced the launch of Pradhan Mantri Awas Yojna. This is an affordable housing scheme for all those who are putting up on rents and for all those who dreamt of Apna Ghar but cannot afford to.These affordable housing units will cater to all the segments of society. Its key features are –Firstly, these housing units are extremely affordable. Every single housing unit is priced not more than 20 lakhs. Which means everyone can afford it easily.These are semi/fully furnished flats and row houses.Designed by renowned architects and engineers.The interiors are designed keeping in mind Vastu Shastra.Interiors done by interior stylist.All basic amenities available 24*7.Well-connected road ways.Well-connected sewerage system.24*7 power supply and water supply.Earthquake free zoneThese homes are something that all of us think about. These are luxurious homes made available at economic cost structure. Pradhan Mantri Awas Yojna marks the beginning of modern housing scheme at affordable price tag.In continuation to this current Government's endeavours towards strengthening of ladies from EWS and LIG dissimilar to prior plans, PMAY has made a compulsory arrangement for the female leader of the family to be the proprietor or co-proprietor of the house under this Mission. Verticals of PMAY (Urban) A container of alternatives is embraced to guarantee incorporation of a more noteworthy number of individuals relying upon their pay, money and accessibility of land through after four choicesIn the event that you are hoping to possess your very own home, under the Pradhan Mantri Awas Yojana (Urban), PMAY plot, here are hardly any significant interesting points about the PMAY conspire, even while you orchestrate the sum for up front installment, choose the area, manufacturer and the home credit loan specialist.The Credit Linked Subsidy Scheme (CLSS) for Middle Income Group (MIG) to be called CLSS for MIG I and MIG II, which was at first endorsed for execution for the year 2017 has been reached out up to 31.03.20.The middle income group earners -The new class MIG, presented as of late, will additionally contain two chunks. The Middle Income Group (MIG) - I will include family units having a yearly pay between Rs.6,00,001 up to Rs.12,00,000.What's more, the Middle Income Group (MIG) - II will include family units having a yearly salary between Rs.12, 00,001 up to Rs.18, 00,000. In this way, viably anybody gaining between Rs 6 lakh and Rs 18 lakh for each annum can profit the advantages of sponsored advances gave different conditions are met.Who all can qualify for Pradhan Mantri Awas Yojna?The plan is essentially planned for giving lodging to all. Consequently, naturally, each one of the individuals who effectively own a home or any of their relative own a house, are kept out of the advantages of Pradhan Mantri Awas Yojna.The scheme says, The recipient family should not own a pucca house. And thus the recipient can apply under this scheme. According to this yojna, one single unit of family that is, the husband and the wife can obtain the application form for the same from the office. A recipient family will include spouse, wife, unmarried children and additionally unmarried girls. To maintain a strategic distance from duplication, recipient relatives need to give their Aadhaar numbers while applying for the credit.In any case, according to the rules, "A grown-up gaining part (independent of conjugal status) can be treated as a different family unit, gave that he/she doesn't claim a pucca (an all climate abiding unit) house in his/her name in any piece of India."For any couple (married only) living on lease and regardless of whether their parents own a home or not, can apply for this PMAY. In other words, any married couple will be treated and considered as a separate family unit and can apply for the same. Be that as it may, if they wish to profit from PMAY benefits, they will be qualified for a solitary house, purchased by both of the life partners or both together in joint possession.Subsidy bifurcation -In the MIG section – first classification falls for people that they will get 4 percent intrigue appropriation on an advance sum up to Rs 9 lakh, and in the MIG - II chunk class people will get a 3 percent sponsorship on an advance sum up to Rs 12 lakh. And if one needs an extra credit, the bank will give it yet the extra advances past the sponsored advance sum will be at a non-financed rate.How does it work?State, somebody in the MIG II classification, wishes to purchase a house costing Rs 60 lakh. After the compulsory least up front installment of 20 percent for example Rs 12 lakh, the parity of Rs 48 lakh can be orchestrated through an advance. In any case, under PMAY, an endowment of 3 percent would be appropriate till Rs 12 lakh, consequently, the bank's home credit loan cost will be relevant on the parity of Rs 36 lakh.Credits under PMAY -The PMAY advantages can be benefited on the off chance that one wishes to gain another house from the designer or the developer and in any event, for purchasing a house from the optional market through repurchase. One may likewise take a credit for the development of the house.The effect of PMAY on all -PMAY conspire for MIG purchasers may not push up the interest for private lodging a lot. The advantage of Rs 2.3 lakh/Rs 2.35 lakh may not request much thinking about the expense of houses in the urban zones. The legislature may consider getting rid of the territory limitation of 90/110 sq mt to energize the interest.The Verdict-Moderate lodging has been given foundation status in Budget 2017, which should help engineers in takings its related advantages. Yet, for a typical man, the auspicious conveyance of the house despite everything stays an inaccessible dream. For profiting the advantages, the developers needed to finish the moderate lodging ventures in 3 years yet now ( Budget 2017) need to finish in 5 years.Please upvote and comment if you like the article