Implementation of GST will basically work on three major elements for this sector; simplification of tax structure, reduction in construction costs and better transparency. Post-implementation, we...
The presence of several indirect tax components faced by the developers at present are a major cause that bring tax inefficiency in this sector. A simplified...
This is indeed a significant step towards indirect tax reforms. Apart from reducing general expenditure burden on the customer, the Bill will enable ease of doing...
With this tangible step of ushering in the GST regime coupled with advocacy for fine-tuning the current Model GST Law, the Industry is optimistic that GST...
GST Bill will definitely be a game-changer for real estate sector. It will follow a single tax regime eliminating all the other taxes reducing the overall...
The Goods and Services Tax is likely to be a game-changer for the real estate industry, which is currently facing multiple-taxation. With the uniform tax, developers...
With the dawn of concepts like hustling in service tax coupled with reductions and various mandatory charges collected by developers highlights the importance of having a...
GST structure is expected to have a streamlined approach as it will bring transparency in the business and will significantly reduce tax evasion through more efficient...
Once GST Bill is implemented, it would boost transparency and uniformity in real estate sector. It is proposed to put together all indirect taxes and replace...
The passing of the GST Bill has spread happiness among the real estate community because of the benefits it will offer to the sector. The enactment...