The slash in GST rates to 5 per cent without ITC from the previous 12 per cent with ITC for premium homes, and to 1 per cent minus ITC for affordable homes from the earlier 8 per cent, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019.
Tag: ITC
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Three-day convention inaugurated on innovations in Green Highways
A three-day workshop on National Convention on Innovations in Green Highways has been inaugurated in the capital. Speaking on the occasion, Minister of State for Road Transport, Highways and Shipping Mansukh Lal Mandavia said that there would be a greater success in greening highways if the local farmers are also involved. The farmers if involved in plantation, maintenance, and protection would give them a sense of responsibility and ownership.
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GST… What´s in it for infra?
India´s ambitious infrastructure development plans hinge largely upon a successful transition from the current multiple taxes regime to the new uniform taxation code of the Goods and Services Tax (GST). Is the industry ready to meet the April 1, 2017 deadline? We do a status check...
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Smart grid and solar leverages VC funding
While VC funding in smart grid jumped to $185 million globally in the first quarter of 2015, the solar sector drew the maximum attraction with $6.4 billion funding in the same period. What´s more, there was a record growth in residential and commercial solar funds to the tune of $1.9 billion.
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Code Green
Increasing focus on the development of green and smart buildings has opened up a plethora of opportunities for the creation of sustainable and planned infrastructure using technology as the binding factor for the creation of self-contained sub-cities.