With the implementation of GST from July 2017, people wanting to invest in the real estate sector as well as dispose of their existing one are curious to understand how GST will impact them.We have received numerous queries after this move by the government. While it may not be possible to address all individual queries […]
Category: GST
What is so good about the Goods and Services Tax (GST)?
The first Look….July 1 dawned to the application of what is clearly seen as the biggest Tax reform in India. The wave that it stirred up, the impact of the regulations and the expected results in the context of the Indian Economy have all made this one of the hottest topics of debate in the […]
GST and its impact in the Real Estate Sector
GST as we understand nowThe much awaited ‘General’ term that promises to bring about structural changesGoods & Services Tax is an indirect tax levied by the government to replace all other indirect taxes of the entire country with an objective to make India one unified common market to strengthen the economy. India is shifting to […]
Goods and Services Tax and its Impact
The Indirect Tax system of India is incredibly complex because of the numerous types of taxes levied by the Governments both center and state on Goods and Services. For example Entertainment Tax for watching a film, Value Added Tax (VAT) for purchasing goods & services by the consumer. Taxes such as excise and import Duties, […]
Demonetisation effects on GST
GST Caught Between Political Tussles – Fallout of Demonetisation and the wave thereafter!Would Prime Minister Modi have thought that his ‘surgical strike’ on black money have an impact on the other proposed wonder drug of the economy – the GST? Well it looks like it is creating an impact on those lines. The tsunami that […]