GST: CREDAI seeks bank funding for developers to buy land for affordable housing projects – GST Station

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Mumbai realtors ask state for GST reduction, Input Tax Credit. – The GST Council recently recommended reducing the tax rates for under-construction projects to 5% from 12% and rate on affordable housing was cut to 1% from 8%, while withdrawing the Input Tax Credit (ITC). Realty developers have termed the recent changes as a case of double taxation compared to the sale of vacant land.

NAREDCO calls for boost to rental housing in upcoming. – CREDAI seeks bank funding for developers to buy land for affordable housing projects Realtors body NAREDCO has demanded a boost to rental housing in the upcoming budget from the government through incentives like 10-year tax holiday to real estate developers on profit earned from the business.

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CREDAI writes to PMO about liquidity crunch in realty sector. – In its letter to the PMO, the Confederation of Real Estate Developers’ Associations of India (CREDAI) has demanded a one-time restructuring of bank loans and creation of a ‘stressed asset fund.

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Knee implants to cost less as govt slashes MRP by nearly 70 per cent – High flexibility implant will now cost Rs 56,490 plus GST, down 69 per cent from average MRP of Rs 1,81,728 earlier. Special metal and high flexibility knee implants. CREDAI seeks bank funding for.

Growth in housing prices moderated to 3.6 pc in Q4 last. – Read more about Growth in housing prices moderated to 3.6 pc in Q4 last fiscal: RBI on Business Standard. The growth in housing prices moderated during the January-March quarter of last fiscal to 3.6 per cent, according to RBI data.The Reserve Bank of India Monday released the quarterly house price index (HPI) for January-March quarter of 2018-19 based

Budget 2018: Realty players welcome affordable housing fund – Credai national president Jaxay Shah said the realty sector recently received a major reduction from 12 per cent to 8 per cent in GST and this budget has added to this concession for housing by.

Food offered at religious places exempt from GST: Finance. – Food offered at religious places exempt from GST: Finance Ministry. ani.. credai seeks bank funding for developers to buy land for affordable housing projects. developers to buy land for.

News18 / Business | Sumanasa.com – CREDAI Seeks Bank Funding for Developers to Buy Land for Affordable Housing Projects. 15 hours ago. Jet Airways Crashes 54% in Single Session as Lenders File Insolvency Petition. 15 hours ago.. Extend GST Compensation Beyond 2022, Else Karnataka Will Face Financial Crunch, Says Kumaraswamy.

Colgate-Palmolive cuts toothpaste, toothbrush prices – The revised prices are effective for all shipments from July 1 due to GST rollout.. CREDAI seeks bank funding for developers to buy land for affordable housing projects