PM's birthday should be observed as 'right to housing day': NAREDCO in letter to ModiNAREDCO has appealed to Prime Minister Narendra Modi to declare his birthday, September 17th, as 'Right to Housing Day,' acknowledging his ...
13 Sep, 2025, 04.18 PM IST
No GST on maintenance charges of housing societies below this amount, government clarifies rules for levying GST on maintenanceThe Ministry of Finance clarified GST rules for housing societies in response to parliamentary questions. Residents are exempt from GST com...
31 Jul, 2025, 08.00 AM IST
Is 18% GST levied on maintenance amount when housing society is managed by builder?GST on house maintenance is needed to be paid by those who are paying more than Rs 7,500 per month and the RWA's turnover is more than Rs 2...
22 Apr, 2025, 04.25 PM IST
Pay GST on society maintenance if monthly charge is more than this and annual collection is above Rs 20 lakhGST: Every homeowner who is paying more than Rs 7,500 per month as house maintenance charges to the Resident Welfare Association (RWA), hou...
17 Apr, 2025, 11.43 AM IST
Home loan: Documents required to buy resale propertyOne benefit of buying resale property is that you won't have to wait for development to be finished before moving in; instead, you will hav...
13 Jul, 2023, 04.29 PM IST
GST applicable on voluntary payments made by members to housing societies, says AARAAR said that the money received by the society was for the supply of services. GST has a concept called "supply of services," which is use...
15 Jun, 2022, 09.01 AM IST
AAR ruling making office refurbishing costs eligible for tax credit may lead to litigationsAs of now, only the cost that contributes towards the output of a company — raw materials, input services, machinery, etc. — are eligible f...
21 Aug, 2021, 09.26 AM IST
GST applicable on “sinking fund” and “repair funds” created by housing societies: AARGST at 18% is applicable on repair and maintenance funds and sinking funds collected by residents’ welfare association (RWA) or Housing Soc...
10 Aug, 2021, 09.17 PM IST
‘GST applies to 1-time maintenance deposit flat buyers pay builders’The AAR bench, though, added the amount will be subject to GST at the time of actual supply of service—when maintenance services or repairs...
13 Jan, 2021, 12.09 PM IST
Mumbai realtors ask state for GST reduction, Input Tax Credit on redevelopmentThe GST Council recently recommended reducing the tax rates while withdrawing the Input Tax Credit (ITC).
18 Mar, 2019, 08.38 AM IST
RERA, GST likely to make co-operative society sites costlier in Karnataka"The dream run of cooperative housing societies, which made hay during the property boom in Bengaluru and other major cities of Karnataka, ...
26 Dec, 2017, 10.50 AM IST
No GST on housing society maintenance up to Rs 5,000Maintenance charges are collected by a co-operative housing society for purposes like providing security, lift upkeep, maintenance of commo...
08 Sep, 2017, 01.57 PM IST
Take note! Lodging in school hostels kept out of tax net“Annual subscription charged as lodging or boarding charges by such educational institutions from its students for hostel accommodation sha...
13 Jul, 2017, 11.40 PM IST
No GST on housing society RWA with turnover below Rs 20 lakhServices provided by housing societies resident welfare association will not become expensive under the Goods and Services Tax (GST) regime...
13 Jul, 2017, 07.38 PM IST
Will the prices dip? All you wanted to know about GST's impact on housingExisting taxes have a cascading effect & consequently, the accumulated tax liability falls on the customer, resulting in a higher cost when...
29 Jun, 2017, 07.07 PM IST
5 reasons why living in housing society will be expensive under GSTWhile buying a house may or may not become cheaper, living in a gated society is surely going to burn a big hole in your pocket in the comi...
28 Jun, 2017, 03.30 PM IST
GST means 2.5% more tax on a flat's maintenance chargeThe existing rate of 15.55% on maintenance charges will be replaced by 18% which will be applicable on housing societies having annual corp...
27 May, 2017, 03.17 PM IST