Tag: GST

Govt soon to impose GST on Healthcare & Education will be a big blow to the Sector

RESEARCH REPORTS, Uncategorized
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The finance ministry may impose 5% goods and services tax on certain items currently exempt and hike rates on some from 5% to 12%, Business Standard reports, citing government officials. For example, private health and education services, which are currently outside the GST ambit, could be taxed. The reason: September GST mop-up fell to a […]

India’s Realty Industry is Sinking, as Real Estate Companies Filing Bankruptcy has Doubled in One Year Fueling Biggest Ever Crisis

RESEARCH REPORTS, Uncategorized
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The count of realty firms entering bankruptcy has doubled in less than a year since IL&FS went belly-up, Bloomberg reports.The number has risen from 209 in September 2018 to 421 in June 2019 as a resultant credit squeeze impaired developers’ ability to complete projects and service their debt.

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