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Tag: ITC

Home ยป ITC

Taxation
By Anuradha RamamirthamMarch 25, 2026

GST 2025: Impact on real estate, tax rate, calculation, FAQs

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

Taxation
By Anuradha RamamirthamJuly 3, 2025

GST on under-construction properties: Comprehensive guide

While investing in an under-construction project, of the many important details that a home-buyer should be aware of the Goods and Services Taxes (GST) that is levied. This is a tax that the home-buyer … READ FULL STORY

Property Trends
By Rakesh ReddyMarch 26, 2021

Industry demands that Union Budget 2021-22 failed to address

The Union Budget 2021-22 offered three significant boosts to the real estate sector – extended tax benefits for the affordable housing segment, debt financing provisions for REITs and InvITs and more funds for infrastructure … READ FULL STORY

Property Trends
By Rakesh ReddyApril 18, 2019

Will builders be forced to increase base prices if they have to choose the no ITC option?

The proposal to reduce the Goods and Services Tax (GST) rate on under-construction projects, will have positive implications for the sector. Considering that the modest turnaround witnessed in 2018 was driven primarily by sales … READ FULL STORY

Property Trends
By Anuradha RamamirthamApril 10, 2019

Input tax credit or no input tax credit: What will the real estate sector choose?

As announced during the interim budget 2019, the GST Council has reviewed the Goods and Services Tax (GST) rates on the real estate sector. Accordingly, the developers of residential projects which are incomplete as … READ FULL STORY

Property Trends
By Housing News DeskSeptember 23, 2020

Housing sales likely to witness moderation in Q1 CY2019, owing to new GST rates: Report

Residential real estate sales saw some moderation in January 2019 (-4.6% yoy) and this is likely to accelerate in the two months up to March 2019, owing to the change in the rate of … READ FULL STORY

Taxation
By Ravi SinhaSeptember 23, 2020

Lower GST rates on under-construction properties: Hype versus facts

The GST Council, at its meeting on February 24, 2019, reduced the Goods and Services Tax (GST) rate on under construction properties from 12 per cent with an input tax credit (ITC) to 5 … READ FULL STORY

Property Trends
By Anuj PuriJuly 6, 2018

One year of GST: What were the gains and losses

The Goods and Services Tax (GST), a revolutionary tax reform that was rolled out on July 1, 2017, has effectively replaced multiple taxes like VAT, central excise duty, commercial tax, service tax, octroi, etc. … READ FULL STORY

Locality Trends
By Housing News DeskJanuary 31, 2023

Secunderabad property market: An overview

Secunderabad was built in the year 1806. The city is named after Sikander Jah who was the third Nizam of the Asaf Jahi dynasty. The city is segregated from Hyderabad by the Hussain Sagar … READ FULL STORY

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