Tag: impact

‘GST rate on real estate not to impact property prices’

‘Incidence would match or be lower than the existing taxes’ The Goods and Services Tax rate of 12% on the real estate sector will not have a measurable impact on prices, according to the National Real Estate Development Council (NAREDCO). However, the Council pointed out that…

No information about impact of GST on real estate: Government

NEW DELHI: There is no information available with the Ministry of Housing and Urban Poverty Alleviation about the impact of GST on the prices in the real estate sector, the government today said. In a written reply to Lok Sabha, Minister of State for Housing and…