Tag: GST:

GST, RERA to benefit listed real estate companies. Here are 2 stocks to bet on

While GST is pushing consolidation in other sectors, it is happening faster in the real estate sector because of the implementation of another landmark reform, RERA. Organised players benefit naturally because GST and RERA make it difficult for smaller players to do regulatory arbitrage. While RERA is fully implemented in Maharashtra, it…

Real estate stocks rally on GST rate cut boost

NEW DELHI: Most real estate stocks were trading higher in early trade on Monday after the GST Council on Sunday cut tax rates on under-construction flats to 5 per cent and affordable homes to 1 per cent, effective April 1. The Nifty Realty index was trading 2.25 per…

China’s automakers finally poised to sell cars in U.S., Europe

After a decade of development, often through buying or benchmarking foreign technology and know-how, Chinese automakers are looking with greater ambition at selling their cars in major Western markets. Improvements in car design, technology and marketing at firms including Geely, GAC Motor and Great Wall Motor…

Cabinet may this week consider hike in GST cess on cars

Cars attract the top tax rate of 28%. Photo: Bloomberg New Delhi:The Cabinet may this week consider issuing an ordinance to increase the cess on mid- size, large cars and SUVs to 25% from 15% under the goods and services tax (GST) regime at present. The…

Cloth traders in Gujarat continue strike against GST

Ahmedabad: Cloth shop owners in various parts of Gujarat on Tuesday decided to continue their indefinite strike against 5% GST levied on textiles, a day after police baton-charged protesting members of their association in Surat. The Maskati market in Ahmedabad, a major textile centre in the state,…