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Slashes in GST rate on under-construction residential properties – Boost to real estate sector

Slashes in GST rate on under-construction residential properties – Boost to real estate sector: On 24 February Goods and Services Tax (GST) Council slashed tax rate on under-construction residential properties, making the effective tax rate 5 percent for the normal category from an effective rate of 12 percent (standard rate of 18 percent less a …

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Stocks On Radar: 18th Feb 2019

STOCKS ON RADAR: Dr Reddy’s Labs: Duvvada plant gets a VAI (Voluntary Action Indicated) status from USFDA, receives EIR for Duvvada facility from the regulator. Tech Mahindra: Board to consider buyback of shares on February 21. The company has also withdrawn scheme application filed with National Company Law Tribunal for the proposed scheme of Merger …

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