The GST Council meeting through video conference today approved the norms for relief to the realty firms allowed the builders to choose between two different tax rates in case of incomplete residential projects. The new...
In a major relief to the realty firms, the 34th GST Council Meeting will meet today by Video Conferencing to frame realty rules. The meeting had been approved by the Election Commission. As the date for...
Real estate sector is one of the largest contributors to the national GDP and provides employment opportunity to large numbers of people. “Housing for All by 2022” envisions that every citizen would have a house...
The 33rd Goods and Services Tax ( GST ) Council meeting in New Delhi has made some important decisions regarding the real estate sector. Reportedly, the Council has approved the lowest rate of 1% tax...
The most powerful GST Council will meet today to announce relief to the real estate sector and to declare a uniform tax rate on the lottery. Last week, the Group of Ministers headed by Gujarat...
The GST Council is likely to meet on 20th February through video conference to discuss the relief to real estate sector, sources said. The Council may consider the proposal made by GoM to slash the...
The 32nd GST Council meeting held in New Delhi has doubled the exemption limit under the Goods and Services Tax ( GST ) regime. After the meeting, the Union Finance Minister addressed the press and...
The 32nd GST Council meeting concluded in New Delhi with a catena of changes in the present Goods and Services Tax regime. In a significant move, the Council has rationalized the Composition Scheme and approved...
The 32nd GST Council meeting will be held today in New Delhi to decide a hike in exemption limit for the Micro, Small and Medium Enterprises (MSMEs) and the natural calamity cess proposed by Kerala. The...
Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha last day said that the GST Council has met 31 times so far. Till the 30th GST...
The 32nd meeting of the Goods and Services Tax ( GST ) Council, will be held on January 10th, 2019 in New Delhi. The 31st GST Council meeting held in New Delhi had not addressed...
The Central Government has notified the waiver of late fee for GSTR 3B for the period July 17 to September 2018. As per a notification issued by the Central Board of Indirect Taxes and Customs...
The State Government of Punjab has asked the Central Government to grant more reliefs under the goods and services tax ( GST ) regime before the general elections. The State has sought a comprehensive review...
After proposing a bundle of path-breaking changes in the last meeting, the 32nd meeting of the GST Council will be held in January 2019 before the introduction of Budget. The 31st GST Council meeting held...
It is informed that the 31st meeting of the GST Council is scheduled on 22nd December 2018 in New Delhi. As the Lok Sabha election and budget is coming closer, The Council, on 22nd may discuss some...
The proposal to impose GST Cess after the heavy flood in Kerala may be delayed after the GST Council asked all member states to study the state’s proposal and submit their recommendations. A proposal to...
The next GST Council meeting will be on 28th September 2018 via video conferencing, in which the proposal to cut rates on some items could be taken up. The GST Council may cut tax rates...
The Government is likely to introduce two-rate tax slabs instead of the current five- slabs under the Goods and Services Tax (GST) regime, a revenue officer said on Friday. The Principal Chief Commissioner of Central...
In the light of reports that a large number of companies and businesses are not passing on the benefit to the consumers and are pocketing the extra tax charge as profit, the Government is planning...
The Central Government has decided to further extend the implementation of the reverse charge mechanism ( RCM ) for further one year under the Goods and Services Tax (GST) regime. Notification in this regard has been issued...
The Commissioner of State Tax & Excise, Himachal Pradesh, on Saturday said that a final decision on the issue of the taxability of Extra Neutral Alcohol ( ENA ) will be taken as per the decision...
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