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The Authority of Advance Ruling (AAR) has ruled that students will face increased expenses for hostel accommodation due to the application of a 12 per cent Goods and Services Tax (GST) on the rent paid. This ruling was delivered in two distinct cases.
A council in Tasmania's south is increasing rates by 12 per cent next financial year to deal with rising debt levels. It's looking at asking residents which services they'd like see cut, to reduce their rate bill in future.
New Delhi [India], September 14 (ANI/GPRC): HaveUs Aerotech India Pvt Ltd, India's fastest growing component MRO facility in India with capability of scaling multiple folds has opened up India's first ULD containers assembly cum MRO support centre in Gurugram. The facility is built in an area of 25,000 sq ft. with covered are of 20,000 sq ft and 5,000 sq ft open area in Sector 76, Gurugram adjoining the NH8. The opening of the India's first ULD containers assembly cum MRO centre in Gurugram was done by Mahesh Malik, Chief Commercial Officer - Cargo, Indigo & Pierre Dickeli (CEO...
The GST Council has cut the tax on under construction residential houses to 5 per cent, from the existing 12 per cent, said Finance Minister Arun Jaitley on Sunday.
While the findings should be respected, it is also clear that the city remains an attractive destination for foreign investors – a status that the authorities must continue to promote.