Real estate developers have the option to adopt a lower rate of Goods and Services Tax (GST) without input tax credit (ITC), or go for the existing rate with ITC.
Chennai: Ironing out transition issues, the GST Council on Tuesday allowed real estate developers the flexibility to choose between old rates and new rates for incomplete residential projects.
Chennai: Five years since the government launched the Pradhan Mantri Awas Yojana, only 20 per cent of the sanctioned projects have been completed and 19 per cent occupied.
Mumbai:
The Bombay high court on Tuesday questioned the BMC, state and Union over commencing the work on the coastal road project without identifying fishing zones and how the work would impact fishing activities on the city’s coast.
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