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Tag: construction flats

Real estate stocks rally on GST rate cut boost

Real estate stocks were trading higher in early trade on Monday after the GST Council cut tax rates on under-construction flats to 5 per...

GST Council cuts tax on under construction residential houses to 5%

The GST Council on Sunday slashed tax rates on under-construction housing properties to 5 per cent without input tax credit, from the existing 12...

GST relief for real estate: State FMs to recommend 5% rate on under-construction houses

On 8th Feb,GoM recommended a GST rate cut on all under-construction houses to 5%, from 12% at present, and slashing of GST rate to...

Budget 2019: No GST relaxation for under construction home buyers

The government of India left the GST at 12 per cent without rationalising it for the home buyers. Sanjay Chatrath, Managing Director (North) at...

GST Council meet today: Relief on cards for small businesses, real estate sector

At present, businesses with turnover up to Rs 20 lakh are exempt from paying Goods and Services Tax. The GST Council may increase the...

Explainer | Here’s how much you will pay if GST on under-construction houses is cut to 5%

The GST Council now plans to reduce the rate on real estate to 5% percent. A decision on this front is expected today 2017 is best...

GST Council to meet on Jan 10; to consider 5% GST on under-construction flats

Also, the council would consider a composition scheme for small suppliers, apart from discussing levying a calamity cess as well as GST rates on...

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