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GST applies to one-time maintenance deposit flat customers pay developers: AAR
The AAR bench, though, brought the quantity will be concern to GST on the time of actual supply of service—when renovation services or maintenance of common place areas and centers are achieved, in future, with the aid of utilising these deposits. MUMBAI: The Gujarat bench of Authority for Advance Rulings (AAR) these days held items and services tax (GST) would be relevant to a one-time upkeep deposit gathered by a builder from its consumers as it's miles
Bidhannagar civic body proposes uniform belongings tax structure for Salt Lake, Rajarhat
KOLKATA: The Bidhannagar Municipal Corporation has proposed a uniform property tax shape for the complete enterprise area of Salt Lake and Rajarhat. The civic frame has asked West Bengal Valuation Board to formulate the tax on the way to cowl all 41 wards. The circulate to revise the belongings tax structure will pave the manner for the civic body to begin amassing belongings tax dues by means of March, 2021. Residents of the organisation region of Salt Lake and Rajarhat currently pay assets
Kolkata overtakes Hyderabad to become the most affordable residential real estate market: Report
Kolkata is the most less costly residential real property marketplace as it overtakes Hyderabad. Home buy affordability improved across key Indian cities which had been a part of the Index. This changed into regardless of a bigger fall in annual household profits compared to residential property fees. A sharp decrease inside the price of investment (average home mortgage prices decreased from (8.9% in 2019 to 7.5% in 2020), greater than offset the detrimental impact of lower earning on
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