The GST Council is likely to consider lowering GST on under-construction flats and houses to 5 per cent in its meeting next month, an official said. Currently, the Goods and Services Tax (GST) is levied at 12 per cent on payments made for under-construction property or ready-to-move-in flats where completion certificate has not been issued…
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Are the taxes same for both under-construction and ready-to-move-in properties? Under the new tax regime, under-construction properties are taxed at 12% on a property’s base cost since 2017 . If you are looking to buy property or have already invested in one, you will know that there are multiple taxes to be paid to the…
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Proposed 95-km railway line to bypass Delhi; aims to fulfil transport needs of southern Haryana. Chief Minister Manohar Lal Khattar on Monday approved a proposal to establish a 95-km railway line from Panipat to Asaoti in Palwal via Rohtak-Jhajjar-Farukhnagar-Patli-Manesar-Sohna bypassing Delhi, thus fulfilling the transport needs of people of southern Haryana. An official spokesperson said…
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In a record of sorts, the National Highways Authority of India (NHAI) has floated tenders for five sections of Delhi-Vadodara corridor of Mumbai Expressway barely five months after the plan was first announced. The stretch will be part of the new greenfield expressway that will connect the national capital. The entire expressway has been divided…
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