Browsing: Real estate GST

Advocacy GST, Goods & Services Tax, GST in real estate, one GST in real estate, taxation in property market, Tax burden in home purchase, Stamp duty in house purchase, Indian realty news, India real estate news, Real estate news India, Indian property market news, Track2Realty

Can real estate get one GST?

The real estate industry stakeholders are elated with such a prospect since the tax slab being discussed at 5% & 12% is lower than the present taxation. Niranjan Hiranandani, President, NAREDCO said the move would benefit the consumers who will only have to pay one ‘final tax’ on the whole product. This is obviously a good thing to happen, and the real estate industry will welcome the move.