The Reserve Bank’s decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants. Welcoming the RBI policy, CREDAI President Harshvardhan Patodia said, the “RBI’s accommodative stance on keeping the ... Read More »

NEW DELHI: Petroleumproducts, including crude and some intermediate products, could be taxed under the proposed goods and services tax (GST), a move that will reduce the imperfections in the new levy and also narrow the inflationary impact of the tax. A proposal favouring imposition of a modest tax on these ... Read More »

A single consolidated tax, freeing the real estate sector from 16 major taxes and levies, has the real estate sector pumped. Sector experts believe the proposed national goods and services tax (GST) would streamline the domestic supply chain and have a beneficial effect for home buyers. “Streamlining the sector’s domestic ... Read More »