Taxation is a fundamental aspect of any economy, serving as a primary source of revenue for governments. Two broad categories of taxes exist: direct taxes and indirect taxes. These classifications are based on the … READ FULL STORY
Excise duty is an indirect tax imposed by the central government on the production, licensing and sale of goods. Barring a few goods on which excise duty is levied by central and state governments, … READ FULL STORY
Anubhuti Roy, a fashion designer from Gurgaon, feels that the Goods and Services Tax (GST), has failed to fulfill its purpose in the housing market add has made houses costlier. “GST was supposed to … READ FULL STORY
While there is a lot of buzz over the Goods and Services Tax (GST) in the market, most people remain unsure about how it will impact various businesses. In the real estate sector, people … READ FULL STORY
With the government finalising the tax structure for the goods and services tax (GST), home buyers now seem concerned that the GST may increase the price of under-construction flats, which are expected to come … READ FULL STORY
While the tax structure for the goods and services tax (GST) has been announced, the real estate industry is waiting to see which rate is applied to it and the construction industry. Given the … READ FULL STORY
The Goods and Services Tax (GST), is a comprehensive indirect tax on the sale, manufacture and consumption of different kinds of goods and services throughout India, with all other central and state taxes intended … READ FULL STORY
