IMPACT OF GST ON REAL ESTATE SECTOR

Not only has the Goods and Services Tax simplified tax structure and brought transparency and uniformity into the system, it has also led to reduction of prices in affordable and mid-income housing segments in most parts of the country Source: TOI dated 23/6/2018 The biggest tax reforms since Independence was introduced in the country on July 1, 2017 with the enforcement of Goods and Services...

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HOUSING FOR ALL: RBI, Centre close ranks!

The Union government and the Reserve Bank of India are announcing measures not only to increase the scope of subsidies for a larger customer base, but also to reduce interest rate on home loans, so that affordability factor improves for homebuyers, especially the middle and lower-income group. Source :  Times of india (property) Dated 16/06/2018 The government’s decision to increase cap...

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