real estate news
GST Council Recommends Hike in Affordable Housing Threshold to Rs 55 Lakh, Luxury Projects to See Higher Costs
In a significant move targeting high-value properties, the GST Council has proposed raising the threshold for affordable housing to Rs 55 lakh. This decision is expected to impact the luxury real estate market, leading to higher costs for premium projects
Real Estate
GST Council Meeting: GoM on Rate Rationalisation and Real Estate Submit Status Reports
The Group of Ministers (GoM) on rate rationalisation and the GoM on real estate submitted their status reports after the 54th GST Council meeting, as stated by Finance Minister Nirmala Sitharaman.
Real Estate
GST Council to Discuss Key Issues: Rate Rationalisation, Insurance Tax, and More
The GST Council meeting will focus on proposals aimed at rationalising the current GST structure, including the tax on life and health insurance policies, and discuss other key issues.
real estate news
GST Council Meeting Tomorrow: Expectations and Key Issues to be Discussed
GST Council Meeting, GST Compensation Cess, GST on Insurance Premiums, Relief for Foreign Airlines, GST Cuts and Exemptions
Real Estate
GST Council Meeting to Bring Relief for Property Buyers, Cancer Patients, and More
GST rate cuts on cancer drugs, exemptions on electricity meter services, and adjustments for the real estate sector are expected.
Real Estate
CM Chairs Crucial Meeting to Boost Real Estate Sector
The third meeting of the Group of Ministers (GoM) focused on addressing key issues in the real estate sector, including GST on lease for industrial plots and housing society redevelopment.