Home buyers get service tax waiver ::


Finally, the clouds of uncertainty over levying of service tax have disappeared from the minds of realty consumers and developers. According to a ruling by the Union Finance Ministry, the developers have been exempted from the service tax net, which has come as a sigh of relief for both, the realty fraternity and buyers. Prior to the ruling, the developers had their own modes of conduct to collect the service tax and ensure that following the ruling there is no issue settling the accounts. Some
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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