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 »
BENGALURU (INDIA): CNTC a Beijing headquartered Construction giant has entered into the Indian real estate space. Today it has inked a partnership with Golden Gate Properties, amongst Bangalore’s leading Real… Read more »
BENGALURU (INDIA): With the recent introduction and implementation of Goods and Services Tax (GST) and RERA, the home buyer sentiment to invest in property has been upbeat, alongside these pro-industry… Read more »
NEW DELHI (INDIA): India’s Cabinet Secretary P.K. Sinha has reviewed the post GST implementation situation here today with the Secretaries and Senior Officers of the different Ministries/Departments of the Government of… Read more »
NEW DELHI (INDIA): Housing prices will come down after the GST rollout, Union Minister M Venkaiah Naidu on Friday said, while expressing confidence that the landmark tax regime along with… Read more »
NEW DELHI (INDIA): The effective GST rate on under- construction real estate projects will be 12 per cent only and not 18 per cent as there will be abatement for… Read more »
NEW DELHI (INDIA): The Goods and Services Tax (GST) came into force at midnight, amid a historic midnight session in the Central Hall of Parliament. President Pranab Mukherjee, Prime Minister… Read more »
By Anuj Puri, Chairman – ANAROCK Property Consultants The switchover to the GST regime is undoubtedly one of the biggest tax reforms in post-independence India. From July 1 2017, GST… Read more »
MEERUT (INDIA): Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory… Read more »
AHMEDABAD (INDIA): The Real Estate Regulatory Authority (RERA) and the Goods and Services Tax (GST) will together have a sledgehammer impact on the realty sector in Gujarat, forcing up to… Read more »