“One of the reasons the Reserve Bank has kept the rates unchanged is to keep inflation under control. The apex bank has given more than enough...
“Maintaining status quo is a missed opportunity for real estate sector as reduction in rates might have improved the market scenario and triggered the demand and...
“A cut of 25 bps was expected as RBI was approaching the end of rate-cut cycle. It has been done after wait and watch policy few...
“It was an expected move that RBI will keep the rates unchanged in this bi-monthly policy. Rising inflation is a reason the RBI is holding back...
“The dawn of concepts like hustling in service tax coupled with reductions and various mandatory charges collected by developers highlights the importance of having a sane...
“Simplified single tax rate is good for both real estate developers as well as property buyers. It needs to be seen how much will the GST...
“GST will have strong and favourable implications for real estate as developers can expect streamlining of taxation process through it. They can expect a climate of...
“There are several taxes that apply to real estate projects, some by state governments others by the Centre. A uniform tax rate would make the process...
“The real estate industry currently has two main taxes-Service Tax and VAT. There is high degree of overlap of tax base and ambiguity on the rate...
“The presence of several indirect tax components faced at present are a major cause that brings tax inefficiency. The acceptance of GST will help in restricting...