NAREDCO seeks more liquidity for real estate sector; lower GST on cement

NAREDCO seeks more liquidity for real estate sector; lower GST on cement

Realtors’ body NAREDCO on Friday said the real estate sector is in financial stress due to lack of funding from banks and NBFCs and demanded that the government take steps to improve liquidity situation of developers and also restructure their...
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GST, demonetisation brought 1.8 million people under tax net: Govt official

GST, demonetisation brought 1.8 million people under tax net: Govt official

India has informed the UN that the Goods and Services Tax reform implemented by it, coupled with the demonetisation of high-value currency notes, has brought 1.8 million more people into the income tax net. Additional secretary in the ministry of...
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A 5-Point Guide For Buyers To Understand The Effect Of GST On Real Estate

A 5-Point Guide For Buyers To Understand The Effect Of GST On Real Estate

The big question for the buyer: “The property you want to buy, has it got cheaper or more expensive after the implementation of GST?” The answer is here. After two and a half months of much confusion around Goods and...
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Real estate, natural gas may soon be brought under GST, says Arun Jaitley

Real estate, natural gas may soon be brought under GST, says Arun Jaitley

Finance minister Arun Jaitley. Any such decision will need to be cleared by the GST Council which includes finance ministers of all states and the central government. Photo: PTI New Delhi: Finance minister Arun Jaitley on Monday hinted at the possibility...
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GST Council cuts tax rates on 29 items, discusses simpler return-filing process

GST Council cuts tax rates on 29 items, discusses simpler return-filing process

The Goods and Services Tax Council (GST Council) on Thursday cut tax rates on 29 products and 54 services at its 25th meeting and agreed to make the process of filing tax returns simpler. At the meeting chaired by finance...
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GST Rate Changed For 29 Goods, 53 Categories Of Services

GST Rate Changed For 29 Goods, 53 Categories Of Services

Finance Minister Arun Jaitley said the new rates will be effective January 25 HIGHLIGHTS New rates will be take effect from January 25, says finance minister GST Council considers simplification of return filing process In next meet, bringing petroleum under.....
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