Posts tagged with GST

SWAMIH Completes First Residential Project
May 2021 , by in News/Views

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman handed over possession to homebuyers virtually as Government of India’s Special Window for Affordable & Mid-Income Housing (SWAMIH) completed its first residential project. The residential project - Rivali Park, loca... Read more...

CSR Expenditure Can Earn GST Input Tax Credit: AAR
Apr 2021 , by in ALLIED

The UP bench of the Authority of Advance Ruling (AAR) has ruled that corporate social responsibility (CSR) expenses incurred by a company in the course of business are eligible for input tax credit under goods and services tax (GST) regulations. It pointed out that CSR expenditure is incurr... Read more...

Government Backs Merger of Two Tax Slabs in GST
Feb 2021 , by in News/Views

The central government is in favour of merging the goods and services tax (GST) rates of 12% and 18% into a single slab. Acceding to a demand first made by some states and endorsed by the Fifteenth Finance Commission (FFC). GST Council, India’s federal indirect taxes body, may discuss the matter a... Read more...

Real Estate is Ready for Explosive Growth
Jan 2021 , by in Interviews

Alok Saraf, Associate Partner, Grant Thornton Bharat LLP The real-estate industry, passing through protracted recession even before the pandemic which worsened it manifold, pins its hope on the Budget for swift revival. The sector expects a two-pronged approach from the Budget — a just GST regi... Read more...

Budget 2021-22 Is Expected To Bring a Ray of Hope
Jan 2021 , by in Interviews

Ashok Mohanani, President - NAREDCO Maharashtra The much-awaited budget 2021-22 is expected to bring a ray of hope as industry looks forward to a favourable budget this year. Although the Central and State Government has rolled out several reforms and incentives during the past quarters to restor... Read more...

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