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Don’t miss the latest developments in business and finance.
Renting apartments gets costlier for companies with new GST rates in effect
The rent of apartments for top executives will attract an 18 per cent Goods and Services Tax (GST)
GST Council may discuss new rate structure on under-construction houses
GST Council will work out a formula that will clarify the extent to which a developer can avail the input-tax credit
Decision on lottery unlikely in GST meet, real estate rates to be fixed
Some state finance ministers are of the opinion that the GST structure for lottery should not be changed in haste
No GST on flats with issue of completion certificate: Finance Ministry
Builders are also required to pass on the benefits of lower tax burden to the buyers of property
Buying a home? With no GST breather, ready to move-in flats to cost more
This is because builders with large unsold inventories plan to pass on higher tax burden to buyers