Wheels of RERA, GST drive realty to recovery
Manju Yagnik, Vice Chairperson of Nahar Group It will not be wrong to say that the Real Estate Sector of our country has seen a lot of developments in a… Read more »
Tag: GST
Bringing real estate under GST will be a ‘disaster’: Congress
NEW DELHI (INDIA): With the Centre mulling to bring real estate under Goods and Services Tax (GST) ambit, the Congress Party on Friday said that the decision would prove to… Read more »
Builders’ association wants GST exemption for government projects
HYDERABAD (INDIA): The Builders Association of India has demanded that the GST Council exempt all government projects, finalised before June 30, 2017 from the GST purview and insisted on implementation… Read more »
Higher GST rates would compel the real estate developers to indulge in adjustments: Satyendar Jain
NEW DELHI (INDIA): Delhi’s Urban Development, Health, Industries, Home, Public Work Department, Power, Transport Minister Satyendar Jain on Monday advised real estate developers not to aggressively chase the luxurious housing segment… Read more »
GST pulls down India Inc net by 15.7% to Rs 87,475 crore in Q1
MUMBAI (INDIA): India Inc profits dipped by 15.7 per cent to Rs 87,475 crore in the first quarter of the current fiscal, largely owing to destocking of goods by companies… Read more »
HDFC Realty facilitates purchase of ready-to-move-in homes
NEW DELHI (INDIA): With the advent of policies and regulations such as RERA and GST, the real estate market in India is currently on a path of complete transformation. The… Read more »
GST incentivises investments in SEZs
NEW DELHI (INDIA): The roll-out of the Goods and Services Tax (GST) from July 1 has increased the investment attractiveness of Indian special economic zones (SEZs), while the government plans… Read more »
GST rates not to be revised unless there is anomaly: CBEC
NEW DELHI (INDIA): GST rates will not be revised unless there is an anomaly or the rates are unjustified, CBEC Chairperson Vanaja Sarna said on Wednesday. Her comments came in… Read more »
No GST on housing society with turnover below Rs 20 lakh
NEW DELHI (INDIA): Services provided by housing societies resident welfare association will not become expensive under the Goods and Services Tax (GST) regime, the finance ministry said on Thursday. Resident… Read more »
Commercial rental income beyond Rs 20 lakh to attract GST: Hasmukh Adhia
NEW DELHI (INDIA): Rental income from residential property has been exempt from GST but any earning over Rs 20 lakh annually from renting or leasing for commercial purposes would attract… Read more »