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GST cut to boost sales of under-construction flats; no ITC may hit builders’ profit margin: Moody’s

Credit rating agency Moody's said that the GST rate cut on under-construction flats will boost housing sales but may hit profit margins of builders...

Patanjali distributors under anti profiteering lens for not passing GST benefits: Report

Patanjali Ayurved distributors have come under the lens of National Anti-profiteering Authority (NAA) for not passing on lower GST rate benefits to customers. In October 2018, the...

GST rate cut fails to prop up real estate stocks

On a day when the BSE Sensex erased all year-to-date losses, a big Goods and Services Tax cut failed to enthuse the real estate...

Maharashtra: GST rate cut to improve affordability in real estate

The reduction in GST can potentially reduce the buyers payout by 6 per cent to 7 per cent on the overall purchase, depending on...

GST slash may not benefit home buyers

KOLKATA: If prospective home buyers were enthused by the GST rate slash in under-construction projects announced on Sunday, here’s a reality check. Customers in...

Delhi govt targets collection of Rs 29000 crore as GST in 2019-20

The Delhi government which presented its annual budget for 2019-20 on Tuesday, announced a target of collecting Rs 29,000 crore as Goods and Services...

GST rate cut a mixed bag for realty biz

A price hike, if rolled out by developers, is also likely to be restricted to luxury and premium segment units. The GST Council on Sunday...

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