Channel partners are multi-functional persons. They work better than brokers because they give advisory for buying the property and they work more professionally.

Now a days the smaller developers are consolidating and have started merging with the Tier-1 developers for the sake of surviving into the field.

The proposed long-term capital gains tax on equity holdings will apply on profits made from sale of shares on or after April 1, 2018.

The government expects that after the introduction of electronic (E-way) bills, the Goods and Services Tax (GST) collection will increase by 20-25%.

The benefits of implementing GST on SMEs will play a vital role in shaping India’s economy in the coming years.

Reverse Charge Mechanism (RCM) means the liability to pay the tax by person receiving goods and/or services instead of the person supplying the goods and/or services in respect of specified categories of supplies.

GST being One Nation One Tax is famous for the free flow of credits. But there are certain items on which Input Tax Credit is unavailable to the taxpayer.

India’s largest realty firm DLF Limited has proclaimed downfall of 58% in its consolidated net profit at Rs 109.01 crore for the quarter that ended June.

The Goods and Services Tax (GST) Council in its 20th meeting on Saturday decided to cut the tax rate for job work.

To recover any tax not paid inadvertently, GST provides for various provisions whereby a proper officer can demand and recover such amount of tax along with interest and penalty.

Import of services for a consideration whether or not in the course or furtherance of business, will be considered as supply.

Imports of “Goods and Services” is defined under central GST Act, 2017.

CGST Act, 2017 states the time of supply, where there is a change in the rate of tax in respect of goods or services or both.

Value of supply is the value on which tax shall be levied. Section 15 of the Central GST Act 2017 states that the value of a supply of goods or services or both, shall be the transaction value.

Some amendment is expected with inclination of buyer in the Urban Real Estate market in the country towards the second half of 2017.