Real Estate
Unlocking the Potential of Input Tax Credit (ITC) in the GST Regime
The Supreme Court's landmark ruling has paved the way for the real estate sector to claim ITC on construction costs for commercial buildings, but what does this mean for the industry and the economy at large?
Real Estate Maharashtra
GST Rates to Continue for Real Estate Sector: Group of Ministers
The Group of Ministers on boosting the real estate sector under GST regime has recommended that no further exemption is required and that GST at applicable rates will continue to be levied.
Real Estate
GST Rates to Remain Unchanged for Real Estate Sector: Group of Ministers
The Group of Ministers has decided to continue levying GST at applicable rates on the real estate sector, with no further exemptions.
real estate news
GST Framework for Real Estate Sector Remains Unchanged Amid Ongoing Discussions
The Group of Ministers (GoM) of the GST Council convenes in Goa to review tax structure affecting the real estate sector, focusing on joint development agreements (JDAs) and affordable housing.
Real Estate
Input Tax Credit for Real Estate Sector: A Potential Game-Changer for Homebuyers
Allowing builders to claim input tax credit (ITC) could lead to lower property prices and alleviate the financial crunch in the real estate sector.
Real Estate Mumbai
GST Notices on Leasehold Land Transfers Raise Real Estate Concerns
New GST notices on leasehold land transfers are causing concerns in the real estate sector. The notices have been issued by the tax authorities, and they are seeking clarification on the tax implications of such transfers.