GST Rate on Real Estate – Under Construction & Completed Property There is a lot of confusion on GST rate on real estate, be it GST rate on under construction property or completed property. Let us see what were the taxes before GST and what are the current GST rate on real estate. GST Latest News…
Tag: GST
Gift Tax Rate in India – Limits, Exemptions and Rules 2019-20
What are the limits of Gift Tax in India ? Do I need to pay gift tax in India? What are the Income Tax rules on gifts received? Do you have to pay income tax on gifts in 2019-2020 ? Receiving gifts is a habit from our childhood and we cherish those memories. But do you know…
House Rent Allowance Rules and Regulations – HRA 2020-21
(This post is being updated) If you go through the break-up of your CTC statement, you will find a term HRA, which stands for House Rent Allowance. It is paid to compensate the employee for the rent he is paying in the absence of a company quarter.So is “House Rent Allowance (HRA)” a taxable income for…