GST ON REAL ESTATE

GST ON REAL ESTATE

The GST Council sought builders can opt for the existing 12% tax rate for homes that are under construction as on 31 March 2019, but will have to pass on the advantages of an input tax credit to customers or choose the new GST rate of 50, effective 1 April 2019. The GST Council, however, made […]

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PMAY (Pradhan Mantri Awas Yojna)

PMAY (Pradhan Mantri Awas Yojna)

Housing for All” Mission for urban will be implemented during 2015-2022 & will produce central help to implementing agencies. The Credit linked subsidy scheme is being offered under this mission. For Middle income Group (MIG), the interest subsidy will be provided on housing loans for acquisition/construction of homes (including repurchase). For Economically Weaker Section (EWS)/Lower […]

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RERA

RERA

What is RERA? RERA stands for real estate regulations Act and was introduced in 2016 to protect the interests of the home buyers. The main aim of RERA is to produce relief to the buyers from the malpractices of unfair builders RERA specifies certain norms for building and development of real estate which is able […]

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