Goods and Services Tax
Tax Incentives and Budget Reforms can Boost Real Estate Development
Reforms, rationalisation of taxes and higher rebates for individuals and specific instruments/entities could spark a quicker turnaround in the real estate industry. Through the upcoming Union Budget 2015-16, the Government should address the problems of the realty sector through customers as well as developers. After the downslide due to the 2008 global economic crisis, the […]
Budget 2014: Goods and Services Tax (GST)
Budget Proposals regarding GST In his Budget speech, the Finance Minister Arun Jaitley has proposed that GST would be cleared by the end of 2014. It is expected to simplify and streamline the indirect tax regime. For the taxpayers, it would mean less paperwork and lower tax burden. He also stressed that the he aims […]
