Apr 5

GST rate for Real-Estate Projects w.e.f 1st April 2019

In the GST Council meeting held on February 24, 2019, the decision was made to cut tax on real estate projects to 5 per cent, from 12 per cent. It was also decided to slash the GST rate on affordable housing, to 1 per cent from 8 per cent, as per Finance Minister Arun Jaitley. These changes are applicable from April 1, 2019. Here is an analysis of the possible impact of the Rate cut on the real estate developer as well as the buyer.

Apr 4
Mar 26

Income Tax AY 2019-20: Everything you need to know

Every budget brings some changes to tax laws every year and budget 2018 was no different. The changes brought in Budget 2018 are applicable form 1st April 2018 i.e. AY 2019-20. The due date for filing the returns for 2019-20 is fast approaching and here are some major changes that Budget 2018 has made which will affect the computation of your income.

Mar 26
Mar 26

A Comprehensive Guide to GST Registration

GST has undoubtedly transformed the business environment in India. Many businesses have become more organised as their business partners prefer dealing with organised businesses to ensure that input tax credits are not lost. This means that you can survive in the market only if you are registered. Here is a comprehensive guide to GST registration process.