GST NEWS

GST had ‘adverse’ effect on realty

Publication: MUMBAI MIRROR Date : 16 OCTOBER 2019

The goods and services tax (GST) have had a big impact on the market for under-construction properties, and affected people’s plans of buying new homes, according to a survey by the economics department of St Xavier’s College.

Ajay Bhushan Pandey: ‘GST rationalisation can be done in many items, but rate stability is also important’

Publication: THE INDIAN EXPRESS Date : 16 OCTOBER 2019

Any tax rate rationalisation has to be balanced and calibrated activity and the revenue requirement of states and Centre have to be kept in mind, Revenue Secretary Ajay Bhushan Pandey said. In an interview with Aanchal Magazine, Pandey said more needs to be done in GST:

‘Tax cuts depend on revenue scenario’

Publication: TIMES OF INDIA Date : 16 OCTOBER 2019

Revenue secretary Ajay Bhushan Pandey has been busy trying to improve tax collections. He speaks to TOI about GST and the overall revenue situation. Excerpts: What does the overall revenue situation look like given the corporation tax reduction and the slow GST collections?

CITY NEWS

BJP promises 5 cr jobs, housing for all in Maharashtra poll manifesto

Publication: BUSINESS STANDARD Date : 16 OCTOBER 2019

The BJP on Tuesday released its manifesto for the upcoming Maharashtra polls, promising a $1 trillion economy for the state with the creation of five crore jobs in next five years and houses for all by 2022.

REALTY NEWS

Improved home sales by listed realty companies mask the overall gloom

Publication: MINT Date : 11 OCTOBER 2019

Nifty realty index rallied by 2.2% on Monday, making it the highest intra-day among sectoral indices The overall market sentiment for buying residential property remains weak