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Great GST Relief for Real Estate Sector - Reduced from 12% to 5% for new under construction homes

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The GST Council today 24th Feb, 2019 announced a cut in the goods and services tax charged on sales of residential properties under construction.  The Goods and Services Tax Council, comprising state and federal finance ministers, announced that the new rate will be 5 percent, down from the current 12 percent, on all housing projects which were not in the affordable housing category.  The council also decided to lower the tax rate on affordable housing projects to 1 percent from 8 percent. In metro cities, houses with a carpet area up to 60 sq mtr will be classified under affordable housing.In non-metro cities, houses with a carpet area of up to 90 sq mtr will be classified under affordable housing. The new rates will be implemented from April 1.  The council also altered the definition of affordable housing and said any house built on an area of 60 square metres or less in the metro cities of India will now be categorised as affordable housing.  For Better Property

Bhutani Cyberthum Noida - Reasons to Invest

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BHUTANI CYBERTHUM NEW LAUNCH COMMERCIAL PROJECT @ SECTOR 140A, NOIDA Bhutani Infra latest project "Cyberthum" in Sector 140A Noida. Bhutani Cyberthum - New Project in Noida is located at very prime location. Cyberthum Noida Sector 140A offers meticulously designed Office Space with leasing guarantee. Call : +91-9811985073 | 9711360154 GEN "X" ARE YOU READY? 12*% Return 231.7M Tower Height - Tallest Connecting Commercial tower in Delhi NCR region 5371 Total parking 6.9M Floor to Floor Internal Height at Ground Floor 9* Years Lease Rental 418k sqmt Totla Built-up Area 4.5M Office Floor to Floor Internal Height 1000 Trees to be Planted   USP OF CYBERTHUM Tallest Commercial / Office Complex of North India. Having Mall in the sky connecting two Towers. High Street Retail with beautiful Water bodies, Ornamental Pools and Water Shows. Walking distance from 137 & 142 Metro Stations. Leed Platinum Certified Building &

Bhutani Cyberthum - Leap into the Future - Call 91-9811985073 | 9711360152

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Budget 2019 : Key Highlights

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BUDGET 2019 : KEY HIGHLIGHTS Ø   Individual taxpayers with annual income up to 5 lakh rupees to get full tax rebate. Ø   Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities. Ø   Standard tax deduction for salaried persons raised from 40,000 rupees to 50,000 rupees. Ø   TDS threshold on rental income raised from 1.8 lakh to 2.4 lakh rupees. Ø   "Around 3 crore middle-class taxpayers will get tax exemption due to this measure," the finance minister said. Ø   Gratuity limit increased from 10 lakh to 30 lakh rupees. Ø   Benefit of rollover of capital tax gains to be increased from investment in one residential house to that in two residential houses, for a taxpayer having capital gains up to 2 crore rupees; can be exercised once in a lifetime. Ø   Benefits under Sec 80(i)BA being extended for one more year, for all housing projects approved till end of 2019-2020.

Budget 2019 Key Highlights - 5 लाख तक की इनकम पर छूट का प्रस्‍ताव, जानें बजट की 10 खास बातें

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BUDGET 2019 : Key Highlights 1.    सरकार ने इनकम टैक् ‍ स स् ‍ लैब में बड़े बदलाव का ऐलान करते हुए 5 लाख तक की इनकम पर टैक् ‍ स छूट का प्रस् ‍ ताव रखा , जिसकी सीमा अब तक 2.5 लाख रुपये थी। इससे 3 करोड़ मध् ‍ यम वर्ग के परिवारों को फायदा मिलेगा। 2.    सरकार ने स् ‍ टैंडर्ड डिडक् ‍ शन को भी 40 हजार से बढ़ाकर 50 हजार रुपये कर दिया। वहीं , सरकार ने बैंकों में एफडी के ब् ‍ याज पर 40 हजार तक कोई टैक् ‍ स नहीं लगने की घोषणा की , जिसकी सीमा अब तक 10 हजार रुपये थी। 3.    वित् ‍ त मंत्री ने छोटे - सीमांत किसानों के लिए बड़ा ऐलान करते हुए कहा कि 2 हेक् ‍ टेयर वाले किसानों के खाते में सालाना सीधे 6 हजार रुपये जाएंगे। यह योजना 1 दिसंबर , 20018 से लागू होगी। सरकार की इस योजना से करीब 12 करोड़ किसानों   को फायदा होगा। 4.    गायों के लिए सरकार कामधेनु योजना शुरू करेगी। मछली पालन के लिए भी आयोग बनेगा। पशुपालन और मत् ‍ स् ‍ यपालन के लिए लिए जाने वाले कर्ज म