GST Council
GST on Cement Cut to 18%: Relief for Real Estate and Affordable Housing
The big news is that the GST council has decreased the tax on cement from 28% to 18%, as announced in its 56th...
GST Cut May Shift Cement Market Towards Premium Players, Says Nomura
India’s cement market is bracing for a major shift as the GST Council meets on September 3–4 to decide on reducing the tax...
Why Cement Still Faces 28% GST: Revenue Needs vs. Infrastructure Goals
More than six years after the GST Council shelved a proposal to lower tax on cement, the vital construction material continues to be...
GST Amendment to Increase Realty Project Costs, Lease Rents
The GST Council’s recent decision to retrospectively amend the Central Goods and Services Tax (CGST) Act from July 1, 2017, could significantly impact...
Minister Thangam Thennarasu Urges GST Exemption on Commercial Rents to Ease Business Burden
Tamil Nadu Finance Minister Thangam Thennarasu recently emphasized the need for GST exemption on commercial rents during the 55th Goods and Services Tax...
CREDAI Urges Govt to Drop 18% GST on FSI Charges, Citing Housing Price Hike Risks
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has called on the government to reconsider its proposal to impose an 18%...
