News articles tagged Tax Exemption

The Real Estate Regulatory Authority (RERA) may soon receive clarification on tax exemptions from the GST Council.

The GST Council is expected to clarify that the Real Estate Regulatory Authority (RERA) will be exempt from GST. This decision follows concerns that GST effectively taxes state governments.

GST on Renting of Residential Property

The 47th GST Council meeting introduced GST on renting residential properties to registered individuals, clarifying tax liability scenarios effective July 18, 2022.

Discover Quality Resale Flats in Pune: Your Key to Affordable Housing

Navigating the resale flat market in Pune involves weighing benefits like tax savings and immediate move-in readiness against potential drawbacks such as limited property appreciation.

Budget 2013-14: No Big Boosts for Real Estate Sector

The Union Budget 2013-14 provided minimal direct support to the real estate sector, addressing affordable housing slightly and impacting the luxury segment negatively.

Budget 2013 to Give Hopes to Home Buyers

Budget 2013 is anticipated to favor home buyers, with potential provisions for affordable housing. Realty players seek tax exemptions and lower interest rates.

Real Estate Sector Wants FM To Lower Costs Of Finance

Indian real estate players anticipate the Finance Minister's budget to lower construction finance costs, boost the sector, enable affordable housing, and expedite project clearances.

HC Orders MH Real Estate Builders To Pay 5% VAT

Maharashtra High Court orders real estate builders to pay 5% VAT by October 31, but many developers are pressuring buyers to pay due to lack of proper records.

Uttaranchal deserves foreign investment

Uttaranchal's real estate is vying for foreign investment amid rapid growth, buoyed by favorable government policies for developers in Dehradun's burgeoning market.