Realestateingomtinagar

GST that works on the principle “One Nation, One Market, One Tax” seeks to transform the complete tax system of India. GST are divided into five tax slabs for the collection of tax – 0%, 5%, 12%, 18%, 28%. The tax system in India had a cascading effect, there was a tax on tax. GST simplifies the complete tax system to eradicate the multiple tax system such as VAT, service tax, central sales tax, entry tax, luxury tax etc. Real estate is one of the most crucial sectors of the Indian economy which is contributing about 5-6% a to the GDP on India. It is the second largest employer in the economy after Agriculture sector. According to the report by CREDAI and JLL India’s real estate sector is going to USD $180billion b industry. Impact on buyers and investors Before GST After GST ·          The construction status of the property will decide the types of taxes the buyers are liable to pay these varied state to state. - ( Propert...

Lucknow is the largest city of Uttar Pradesh and it is the second largest city in North India after Delhi. Hindi and Urdu are the common languages which are spoken in this city. The city is also known as ‘City of Nawabs’. Living in Lucknow is not very costly in terms of food, housing, and other common expenses. For Lucknowis’ this city is not just for them it is a feeling. They are proud of their culture and rich food. A ccording to the survey conducted by ‘IMRB International’ Lucknow is the second happiest city in India. As of November 15, 2017, that is merely 70 days into its operations, the Lucknow Metro has crossed the 10 lakh mark in terms of ridership. 11.     Beautiful city Lucknow is one of the beautiful city of India with tall buildings, historical monuments, and greenery. Lucknow has many iconic buildings which were built during Mughal and British era. The Uttar Pradesh organizes a “Heritage walk” for the tourists covering most of the popular monuments. Ghanta...