What is Form 26AS? Form 26AS is a consolidated Tax Credit Statement issued under rule 31 AB of Income Tax Rules of India to PAN Holders. It shows the amount of Tax Deducted (TDS) from your income and is available as a credit against your tax liability if any. Let’s say you have a fixed […]
All about GST on Real Estate in India
Prior to 1st April 2019, 12% GST is levied on payments made towards the Ready-to-Move-in Flats or Under Construction Property where the completion certificate has not been issued at the time of sale. But in a bid to revamp the real estate sector, GST Council in its 34th meeting held on 19th March 2019 has […]