On Wednesday, Finance Minister Nirmala Sitharaman announces Rs 25,000-crore fund for completing stalled housing projects: More than 1,600 housing projects are stuck at present, including about 4.58 lakh housing units, the Union finance minister told reporters. The decision to provide funding to revive the stalled housing projects in the affordable and middle-income housing […]
GST Regime for Real Estate Sector
GST would bring a lot of transparency in the real estate sector and minimize unscrupulous transactions. Under the current tax laws, VAT and Service tax charged by different Contractors and excise duty, entry tax, octroi is paid on the procurements. GST law will increase the margin in the hands of […]