GST Update for property
It will be chaired by the Finance Minister Arun Jaitley. Real estate and export sector to be in limelight
No rate cuts were announced this time. GoMs were formed to study taxation of under-construction properties & lotteries
Impact of GST on Rent
The implementation of Goods and Services Tax (GST) has chalked out a structured approach to collect taxes from various sectors. Read more about the Impact of GST on property rented for commercial purpose and Tax deduction on IT
Real estate sector worried about raised costs due to GST
Real estate developers across the nation are worried that the overall cost of properties could rise by a discernible margin under the new GST rates.
https://cleartax.in/s/gst-news-and-announcements