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Tag Archives: GST

Will 18 pc GST on sports education be a death knell for investments in the sector?

“India has huge potential in sports. It is a sports loving country. We have no shortage of talent. But we need to provide the right kind of opportunity and create an ecosystem to nurture the talent. A strong sporting culture can help the growth of a sporting economy,” Prime Minister Narendra Modi said on June 15, 2017, while inaugurating the ... Read More »

GST cess hike: Buyers rush to buy luxury cars, SUVs to beat price rise

Premium cars and SUVs are likely to see a sharper jump in prices after the new rates comes into effect and are consequently seeing stronger sales ahead of the hike. Photo: Bloomberg Mumbai: An impending hike in the cess under the goods and services tax (GST) regime on luxury cars has prompted Saurabh Deshmukh, a 43-year-old doctor in Mumbai, to book ... Read More »

ICAI revises CA syllabus to include GST, CSR

The CA syllabus has been revised by ICAI to include contemporary topics like goods and services tax (GST) and corporate social responsibility (CSR). Photo: HT New Delhi: Chartered accountants’ apex body Institute of Chartered Accountants of India (ICAI) has revised its education and training system by including several contemporary topics—goods and services tax (GST) and corporate social responsibility (CSR)—Parliament was informed ... Read More »

Real estate sentiments turn negative on RERA, GST implementation: FICCI-NAREDCO-Knight Frank India’s sentiment index

The short-term uncertainty over new policies such as RERA and the GST, have turned real estate sentiments negative for the first time since Q4 2015, according to FICCI-NAREDCO-Knight Frank India’s sentiment index Sentiments in the real estate sector, which had been positive in the last quarter, have moved into the negative zone for the first time since Q4 2015, largely ... Read More »

Real estate sector sentiments take a further hit with RERA and GST ambiguity

The uncertainty over the manner and form in which the Real Estate (Regulation and Development) Act, 2016 (RERA) rules will be implemented across states and the implementation of the Goods and Services Tax (GST) from July 1, 2017 has created confusion among stakeholders, especially with respect to on-going projects, says FICCI-NAREDCO Real Estate Sentiment Index for the second quarter 2017. ... Read More »

Car Sales July 2017: Carmakers Show Strong Growth Post GST

July has been an eventful month for the automotive industry. Overall, there have been quite a few launches, but the biggest push for the industry was created by the implementation of the Goods and Services tax. It was in July that GST was introduced into the country and we’ve already told you a lot about it. Thanks to GST prices ... Read More »

Impact of GST on Real Estate

The impact of GST on real estate will depend upon the abatement allowed on agreement value, says CRISIL survey. From the point of view of consumers, the impact of GST on the real estate sector will hinge on its effective implementation rate. In the residential segment, completed properties do not attract service tax and so will have no impact of ... Read More »