Tag «VikasBhasin»

THE TWO SIDES OF INDIAN REAL ESTATE COIN

Indian real estate sector has always been known for its infamous deeds primarily because of the unorganised process that it follows which is still persisting. But at the same time, it is able to contribute gigantically towards India’s Gross Domestic Product (GDP) and employment opportunities. With the absence of a regulatory body, single window clearance …

INCREASED SERVICE TAX TO DENT REAL ESTATE SECTOR

Finance Minister, Arun Jaitley had announced changes in the service tax structure in the Budget 2015 – 16. The new service tax would now be applicable commencing 1st June, 2015. Recently, the finance minister declared that the new Service Tax Rate would be increased to 14% from the existing 12.36% with effect from 1st June …