Effective GST rate on under-construction real estate at 12%
On Thursday, the government hiked the GST rate for the construction sector to 18 percent from 12 percent but removed land value from computation of tax liability.
Jun 30, 2017, 20:07 PM IST
Housing prices to decline after GST rollout: Naidu
The minister emphasised that the Centre and states need to implement the new real estate law in an effective manner.
Jun 30, 2017, 16:30 PM IST