Tag: #GSTImpact

Global Headwinds, Local Strength: The Resilience of Indian Real Estate

June 15, 2024

The Indian real estate market has demonstrated remarkable resilience in the face of global challenges such as geopolitical uncertainties, economic turbulence, environmental issues, and the COVID-19 pandemic. This resilience, coupled with robust demand, regulatory reforms, technological advancements, and a growing economy, has enabled the sector to weather the global economic storm. According to a report […]

Global Headwinds, Local Strength: The Resilience of Indian Real Estatemore

Frequently Asked Questions (FAQs) on Goods and Services Tax (GST)

GST must be paid by the lessor on rent if the property is utilized for business.

January 19, 2024

MUMBAI: The Authority for Advance Rulings’ Rajasthan bench has ruled that if a lessee (who is registered for GST purposes) uses a residential property for business activities, then GST (Goods and Services Tax) is imposed on the rent. In the instance of Deepak Jain, the petitioner, who rented out his property to a private limited […]

GST must be paid by the lessor on rent if the property is utilized for business.more

Tag: #GSTImpact

Global Headwinds, Local Strength: The Resilience of Indian Real Estate

GST must be paid by the lessor on rent if the property is utilized for business.

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