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Industry Urges GST Overhaul: Integrating Key Sectors to Expand Tax Base and Reduce Rates

Real Estate

Industry Urges GST Overhaul: Integrating Key Sectors to Expand Tax Base and Reduce Rates

Industry associations have formally petitioned the Finance Minister and CBIC to initiate a comprehensive review of the GST framework, aiming to broaden the tax base by including petroleum products, electricity, and real estate under the indirect tax net.

June 3, 2025
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GST Council Meet: Will Coalition Dynamics Affect Decision-Making?

real estate news

GST Council Meet: Will Coalition Dynamics Affect Decision-Making?

The upcoming GST Council meeting is expected to address several key issues, including rate rationalisation, bringing petroleum products and real estate under GST, and reviewing GST rates on online gaming.

June 16, 2024
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GST Council Meet: States' Upper Hand to Shape Crucial Reforms

Real Estate

GST Council Meet: States' Upper Hand to Shape Crucial Reforms

The upcoming GST Council meeting on June 22 will be crucial, with states likely to have a significant say in policy decisions, including rate rationalisation, petroleum products, and real estate under GST.

June 16, 2024
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Market Experts Weigh in on Declining Volatility and Lack of Fresh Triggers

real estate news

Market Experts Weigh in on Declining Volatility and Lack of Fresh Triggers

Petroleum products, electricity, real estate should be brought under GST purview

June 16, 2024
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Integrating Petroleum Products, Electricity, and Real Estate into GST: A Step towards Economic Reforms

Real Estate

Integrating Petroleum Products, Electricity, and Real Estate into GST: A Step towards Economic Reforms

Newly appointed CII president Sanjiv Puri emphasizes the need to bring petroleum products, electricity, and real estate under the GST purview, alongside reforms to simplify capital gains tax and TDS provisions.

June 13, 2024
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