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Sunday, June 4, 2017

GST: How it will impact the real estate sector

GST: How it will impact the real estate sector
New Delhi: Implementation of the GST law will have a positive impact on the real estate sector with expected reduction in its tax burden, according to property developers and consultants.
"The enactment of this law will single-handedly solve many of the challenges faced by the real estate sector and help in pulling the sluggish sector out of its long slumber. Heavy taxes that are being paid currently by the developers will automatically go down by a considerable percentage," realtors' body NAREDCO President Parveen Jain said.
with thanks : Zee News : LINK

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