Of the many taxes that home buyers have to pay to the government is the Goods and Services Tax (GST). In the last few years, there have been changes made to the GST regime … READ FULL STORY
May 20, 2023: The West Bengal Bench of the Appellate Authority of Advance Rulings (AAAR), upholding an earlier ruling, has stated that the sale or right to use a car park is not naturally … READ FULL STORY
Recently, the GST Council slashed the Goods and Services Tax (GST) rate on under-construction homes. With this, home buyers are trying to assess the impact of the rate cut. We look at some of … READ FULL STORY
Here’s a Utopian vision: the government would announce a Goods and Services Tax (GST) rate cut, home buyers would cheer up since prices would reduce marginally and the market revives. Really? The biggest paradox … READ FULL STORY
The GST Council, at its latest meeting on January 10, 2019, decided for form a seven-member group of ministers, to examine the inclusion of real estate and lottery under the Goods and Services Tax … READ FULL STORY
Beyond the political overtones, the economics of the existing taxation structures, do not indicate a smooth transition, if the real estate sector were to be brought under the Goods and Services Tax (GST). There … READ FULL STORY
Finance minister Arun Jaitley, while delivering a lecture at Harvard University on October 12, 2017, has said that the real estate sector should, ideally, be brought under the ambit of the Goods and Services … READ FULL STORY
With the rollout of the Goods and Services Tax (GST) from July 1, 2017, there is significant anxiousness and ambiguity among the stakeholders in the real estate market. Many are also wondering which would … READ FULL STORY
