Tag: Service Tax

Service Tax Applied since July 1

According to CREDAI, the Confederation of Real Estate Developers Association of India, due to the application of service tax as per the union budget 2010, the property prices will experience an increase. All of us are aware of the fact that this service tax has come into effect since July 1. For those who don’t, […]

Buyers Burdened with Service Tax

The apartment buyers were already burdened by the day by day increasing property rates, and now come another burden to their door. Since last month, many developers have been demanding the buyers to start paying up the service tax announced in Union Budget, 2010, i.e. a 2.5% tax. However, this service tax will be imposed […]