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GST Will Have Initial Hurdles: Jaitley
The Finapolis
|July 2017
While admitting that the Goods & Services Tax (GST) will create some hurdles initially Finance Minister Arun Jaitley (pictured) on June 27 said that the new unified tax law will check tax evasion and inflation in the long term.
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On items that are still not under the ambit of GST, such as petroleum products and real estate — it must be noted that the government has brought real estate partially under GST by imposing a 12% rate on works contracts that covers under construction projects. Ready-to-move in projects have still not been classified
Cette histoire est tirée de l'édition July 2017 de The Finapolis.
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