News
GST in Real Estate: Is one sector, one tax possible?
- Date:
- November 7, 2017
- Source:
- Times of India
The real estate sector is expected to feature in the November 9, 2017 GST meet. The government has been hinting that the sector can be considered to be brought under GST. Then all individual taxes would be subsumed into the GST. Or will it? Practically, can all central, state and local taxes on real estate be subsumed into GST? The finance minister has implied that it can be considered. Real estat…