Deepak Kumar Jain, founder and CEO, TaxManager.in explains that the recent clarification from CBIC reaffirms the GST applicability on housing society (RWA) maintenance charges—it is not the ...

Compensation cess is an additional tax on select goods and services over and above the GST. It was introduced in 2017 - ...

Since the real estate sector is considered the largest employer in Indian economy after agriculture, contributing an average of 5-6 percent to the GDP, this sector is expected to witness a growth of ...

GST impact on women: While GST came with zero per cent GST on condoms, ... and this has caused the entities that used to supply napkins to Usha Multipurpose Co-operative Society Ltd may stop doing so.

New Goods and Services Tax (GST) rates come into effect from today, 18 July 2022. A number of items that concerns people in their day-to-day lives will be impacted because of the new rates. We collate ...

According to the CBIC, if a member’s monthly maintenance contribution crosses ₹ 7,500 and the housing society’s annual turnover exceeds ₹ 20 lakh, GST is applicable on the full ...