Many policies have been reformed and implemented in the recent past. The most recent update was seen in the taxation structure of GST, introduced after the 34th meeting of the GST Council on 19th March.
The Goods and Services Tax (GST) Act of 2017 has seen multiple alterations, but this one has been anticipated and appreciated by the Realty sector. The transition plan made for the implementation of the revised tax structure is being lauded. For some segments, the rate of GST has been reduced while for others it has been removed.
Our Director Mr. Rakesh Reddy, in conversation the Constructions & Architecture magazine and quikr.com has shared his thoughts on the revised structure of taxation and how the sector will benefit from it.
Click on the links to read the entire article: