Impact of GST & RERA on Construction Industry in India

Impact of GST & RERA on Façade & Fenestration Industry Most of the players in the façade & fenestration sector agree that the GST will be a favourable breakthrough for the organised players in the industry going forward. This taxation structure will bring consolidation in the supply c

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RERA & GST: The Game Changers for Real Estate

The real estate industry is suddenly faced with two big events, Real Estate Regulation & Development Act (RERA) and the Goods and Services Tax (GST), both of which are forcing it to become more transparent and process driven. RERA aims to regulate the unregulated sector and bring some discipline

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GST impact: Cement industry

Post the announcement of GST, the expected 18% GST rate by various cement firms seem to have bounced up by a heavy rate to the 28% slot. Even after this, the cement makers can feel relieved by the tax payout. The effective tax rate for packaged cement is 29-31%. If one was to look at the raw materia

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“Housing prices to come down after GST”: M Venkaiah Naidu

Union Minister M Venkaiah Naidu, after the GST (goods and services tax) roll out has said that housing prices will come down. He emphasised the Centre and States to implement the new real estate law in an effective way. He is confident that the landmark tax regime alongside the property law will r

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