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GST real estate

20 Mar 2019

Key decisions on real estate sector taken by GST Council in the 34th meeting

The promoters shall be given a one -time option to continue to pay tax at the old rates on ongoing projects.

19 Mar 2019

GST Council approves transition plan for new tax rates for real estate sector

Reasonable time for transition will be given to developers in consultation with states.

Election Commission

14 Mar 2019

EC gives go-ahead to GST Council meeting on March 19

The nod from the Election Commission was required as the Model Code of Conduct has been in force since Sunday.

25 Feb 2019

GST on under-construction flats, affordable housing cut: Here are the benefits

The new rate shall become applicable from April 1, 2019.

33rd GST Council meeting

20 Feb 2019

GST Council defers decision on tax on real estate

The due date for filing summary sales return - GSTR-3B - is February 20.

33rd GST Council meeting

20 Feb 2019

Crucial GST Council meet begins; rationalisation of rates on real estate, lott

The GoM favoured hiking GST rate on the state-organised lottery to either 18 percent or 28 percent.

33rd GST Council meeting

20 Feb 2019

Crucial GST Council meet today: Key things to expect

Rationalisation of rates of GST on real estate and lottery are on the agenda of the Council meet.

India Housing Sector

24 Dec 2018

Cheers for housing sector as Jaitley says priority to lower GST on cement

Jaitley said, the sun is setting on the 28 percent slab.

12 Jan 2018

Government to discuss bringing real estate under GST next week

The GST Council may allow states to impose Stamp Duty and Property Tax on real estate.

12 Oct 2017

Govt to discuss bringing real estate under GST in November: Jaitley

The matter will be discussed in the next meeting of the GST, which will be held on November 9, in Guwahati, Jaitley said.

05 Aug 2016

GST fallout: You may have to pay more for under-construction property from April next year

Implementation of the GST law will make a negative impact on the under-construction properties with expected rise in its tax burden.

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