Equipping Modern Enterprises with Powerful GST & E-Way Bill Solutions
The real estate sector is one of the most significant sectors of the Indian economy. After the agricultural business real-estate sector is the second largest employer in the Indian market. Moreover, the real-estate sector contributes a normal of 5-6 percent to the GDP that will further grow to 30% in the next 10 years as … Read moreEffect of GST on the Indian real estate sector
Previously we had discussed the new GST Rate in the real estate sector. And in this article, we will cover about TDR supply by the landlord. 1. Who is a developer? A developer or promoter is the person who develops a plot into apartments and promotes it for sale. 2. Who is a landowner? A … Read more11 FAQs on TDR in Real Estate under GST
The Finance Minister of India, Mr Arun Jaitely informed in 33rd GST Council meeting that there will be a 7% slash in the rate of both under construction houses and affordable housing W.E.F. 1st April 2019. Currently, the GST rate on under construction houses is 12% and the affordable housing scheme is 8% which will … Read moreImpact of 7% GST rate slash on under construction & affordable houses
The 33rd GST Council Meeting was held through video conferencing on 20th February 2019, headed by the Union Finance minister, Mr. Arun Jaitley. In this meeting, various decisions were made to improve the ease of doing business in India. Let us look at the key highlights of this meeting: GSTR-3B Due Date Extended The Government … Read more33rd GST Council Meeting Key-highlights