GST
CAG Seeks Closer GST Scrutiny of Construction and Works Contract Services
The Comptroller and Auditor General of India has called for stronger coordination between income tax and GST authorities after its audit found compliance...
Income Tax Department Conducts Major Search at Maruthi Cement Plant in Tiruchi
Income Tax officials launched a coordinated search operation at the Maruthi Cement plant near Samayapuram in Tiruchi, inspecting financial records and multiple premises...
RBI Rate Cut Brings Timely Relief and Boosts Confidence Across India’s Housing Market
The RBI’s rate cut has lifted market sentiment and improved affordability for homebuyers, especially in major cities where prices have been rising steadily....
Dalmia Cement Gains Major Relief as Tamil Nadu Drops Tax Demand
Tamil Nadu tax authorities have withdrawn tax and penalty demands totalling Rs 266.3 crore against Dalmia Cement, offering significant relief after detailed scrutiny...
Steel Ministry Introduces SARAL SIMS Portal to Ease Small-Volume Steel Imports
The Steel Ministry has launched SARAL SIMS, a simplified registration system designed to support MSMEs and export-linked importers with easier processes, reduced paperwork...
Housing Sales Decline 9% in Q3 2025, Chennai Defies Trend with 33% Growth
Housing sales fell 9% in Q3 2025 across India’s top cities, but Chennai defied the slowdown with 33% growth, driven by rising demand...
GST 2.0 Reshapes Construction: Lower Costs, Affordable Housing, and Faster Project Delivery
The rollout of GST 2.0 on September 22 has reshaped India’s construction industry by reducing tax rates on cement, materials, and logistics. With...
GST Reduction on Cement: A Game-Changer for Housing and Infrastructure
The South Indian Cement Manufacturers’ Association welcomes the GST cut on cement from 28% to 18%, a move set to lower construction costs,...
GST Cuts on Cement and Construction Materials to Benefit Homebuyers, Says CREDAI
CREDAI welcomes GST cuts on cement, steel, and construction materials, promising potential cost savings for homebuyers. Tier 2 and 3 cities are expected...
GST Reduced to 5% on Building Materials, Utensils, and Handicrafts to Benefit Public and MSMEs
The 56th GST Council meeting reduced GST on building materials, household utensils, handicrafts, and certain transport services from 12% to 5%. This move...
