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abhilasha singh

Service Tax on Construction and Sale of Residential Property - 1 views

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    As per the budget proposal for 2010-11, the finance ministry has suggested service tax on construction and sale of property. Service Tax is a tax levied on service providers in India. The objective behind levying service tax is to reduce the degree of intensity of taxation on manufacturing and trade without forcing the government to compromise on the revenue needs. As per the budget proposal, the finance ministry has suggested 10 per cent service tax on construction and sale of property.There is a false impression being created that prices will go up by 10 per cent but the fact is that 10 per cent service tax is levied only on 33 per cent of the value.
Joseph Bencharsky

The Bay Area Real Estate Report: Budget Cuts Incite Agency Action - 0 views

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    Rant on useless expenses in City Government due to redundant or unnecessary services.
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