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An Enquiry Into the Effect of GST on Real Estate Sector of India

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An Enquiry Into the Effect of GST on Real Estate Sector of India


Niraj Dhar Dubey | Dr Devesh Kumar | Sitaram Pandey

https://doi.org/10.31142/ijtsrd5754



Niraj Dhar Dubey | Dr Devesh Kumar | Sitaram Pandey "An Enquiry Into the Effect of GST on Real Estate Sector of India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-6, October 2017, pp.1001-1005, URL: https://www.ijtsrd.com/papers/ijtsrd5754.pdf

GST is one of the revolutionary changes in the indirect taxation system of India since its independence. The main objective behind implementing it is to avoid the duplication of taxes. The focus is on one nation one tax. Further, it aims at increasing the tax base. Real estate sector in India is expected to grow 12% annually till 2020. Also, real estate sector is going through structural reforms with the implementation of new acts and norms. The government of India is focusing on affordable housing programs so that it can achieve its target of providing houses to all by 2022. This paper aims to study the impact of GST on real estate sector of India. In addition to that this paper aims at understanding the effect of taxes that were levied earlier and effect of GST on Real Estate in the present scenario.

Affordable Housing, GST, Real Estate, Tax Base


IJTSRD5754
Volume-1 | Issue-6, October 2017
1001-1005
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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