Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
In 2025, the GST Council implemented substantial tax cuts on construction materials: cement was reduced from 28% to 18%, bricks, tiles, and sand from 18% to 5%, paints and varnishes from 28% to 18%, and marble and granite blocks to 5%. Even modest reductions of 2–3% proved significant for middle-income homebuyers, especially when combined with […]
Surat-based Amit Rastogi booked an under-construction flat for ₹85 lakh. The developer levied GST at 5% on each installment, increasing the overall cost of the property. Since the value exceeded ₹50 lakh, Amit was also required to deduct 1% TDS on every payment and deposit it using Form 26QB. Before buying a property, homebuyers should […]
Union Home Minister Amit Shah, on December 19, said that the Real Estate (Regulation and Development) Act (RERA) has helped streamline the real estate sector, while also safeguarding the interests of homebuyers. Union Home Minister Amit Shah said on December 19 that RERA has helped streamline the real estate sector while safeguarding the interests of […]
The year 2025 has been favourable for real estate from a taxation perspective. Simplified capital gains rules and streamlined GST have brought greater clarity for homebuyers, prompting even fence-sitters to consider making a purchase. Here’s a closer look. Simplified capital gains rules and streamlined GST brought greater clarity for homebuyers in 2025, (Representational Image) (Pexels […]
Housing sales across major Indian cities remain strong, supported by steady demand, favourable interest rates, and rising incomes. Over the past 15 years, housing affordability has improved across most Tier I cities, aided by higher incomes, moderate price growth, and better credit access. According to Colliers India, the Price-to-Income (P/I) ratio has improved from 88.5 […]
India’s GST collections softened in November 2025 due to the rationalisation move that reduced the indirect tax of hundreds of items. GST collections are up 8.9% annually at ₹14,75,488 crore in the fiscal through November 2025. (HT) Gross GST revenue rose 0.7% year-on-year to ₹1,70,276 crore in November 2025, as against ₹1.95 crore in October […]
The Maharashtra Real Estate Appellate Tribunal (MREAT), while directing a developer to refund more than ₹2 crore to a homebuyer for delayed possession, held that buyers cannot seek a refund of GST, stamp duty, registration fees, TDS, MVAT, or similar government levies from developers. Delayed possession: The Maharashtra Real Estate Appellate Tribunal ruled that homebuyers […]
Just three states accounted for 30% of all auto sales in India in July-September 2025, underscoring the demand trends in these geographies even before GST 2.0 reduced prices of scooters to SUVs. File photo of Maruti Suzuki cars inside a showroom. (HT) A total of 10.39 lakh cars and 55.62 lakh two-wheelers were sold in […]
Buying a house is perhaps the biggest financial decision most people make, but many don’t realise that the property’s cost isn’t always what it appears at first glance. Taxes, hidden charges, and project delays can push the total far beyond the listed sale price. Delays increase builders’ holding costs, which are often passed on to […]
India’s retail inflation rate fell to its lowest on record in October 2025 due to a sharp drop in food inflation and GST rate cuts. Vegetable prices declined 27.57% after a 21.38% fall a month ago. (ANI) The consumer price index — a measure of India’s retail inflation — rose 0.25% from a year earlier, […]
