TAX TALK – `Those who had postponed their property purchase decision will buy now…’

TAX TALK – `Those who had postponed their property purchase decision will buy now…’

The GST system takes off tomorrow. Prospective homebuyers are expected to make a move now with the uncertainty cleared. Property investors too will benefit with the threshold limit for applicability of GST on rentals being raised to Rs 20 lakhs from Rs 10 lakhs. Anil Rego, an investment consultant, explains what GST entails for consumers and homebuyers.   What does GST mean for consumers? The Goods and Services Tax (GST) is one the most significant tax reforms for India.The GST Council has finalised the fitment of over 1,200 goods and…

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