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 ...

Cigarettes, carbonated drinks, and high-end cars are among items that may become more expensive if a proposal to replace the ...

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 ...

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 ...

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.

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 ...