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A Real Estate Journal

GST

Here’s all That You Need to know About the new Taxation Rules Imposed by the GST Council

On March 19, 2019, the GST Council approved a transition plan for implementing new tax structures for housing units. According to AB Pandey, the revenue secretary, the builders will now have the option to choose between the new tax rates, along with the old ones for the residential projects that are under construc

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GST

A Quick Guide about GST for Real Estate

About Goods and Services Tax (GST) GST is an Indirect Tax that will be used instead of many other Indirect Taxes in India. The Goods and Service Tax Act was passed in the Indian Parliament on 29th March 2017. The Act came into effect on 1st July 2017. Goods &Services Tax Law in India is a detailed, multi-stag

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GST

GST Slashed to 1% for Affordable Housing and 5% for Under Construction Homes

Good news for the home buyers as GST has been reduced to 1% by the council on 3rd March 2019. The tax rates have been reportedly reduced for affordable houses and under construction apartments. This new law will be amended from the new financial year beginning from 1st April 2019. The GST rate for affordable housi

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