In a recently held NAREDCO 13th National Convention at New Delhi, Captain Abhimanyu the Finance Minister of Haryana has agreed to fix the limit of VAT to 1% in Real Estate in Haryana and this government’s decision is welcome and appreciated by NAREDCO.

NAREDCO (National Real Estate Development Council), the apex national body for the Real Estate Industry which works under the aegis of Ministry of Housing & Urban Poverty Alleviation.

NAREDCO President Mr Parveen Jain says that as far as VAT in Real estate in Haryana is concerned, NAREDCO (National Real estate development council) had requested the government to kindly look into the matter of past and present scenarios to understand the grievances, problems and uphill tasks faced by the end-users and developers regarding this aspect. Being a real estate body we welcome the move of Haryana Government.

This decision of fixing 1% VAT has put to rest all the speculations, uncertainty prevailing earlier and all the pending litigations, cases shall be abolished. The chaos and uphill task being faced by the builders and end-users regarding this aspect shall hopefully come to a halt by this decision and also it shall generate more government revenue. So now it is a sign of relief after the announcement of fixing the VAT rate as 1%.

Comments

comments

Get More Of Real Estate

Subscribe to our mailing list and get interesting real estate stuff updates to your email inbox.

Thank you for subscribing.

Something went wrong.

Latest Price Performance of Indian Real Estate Companies Stocks

SHARE
Previous articleDonald Trump’s India Real Estate Biz To Impact Us Foreign Policy?
Next article7 Ways To Check And Measure Construction Quality
Vikas Shukla is a professional blogger, speaker, and rockstar digital marketer! He is also a very avid photographer. He believes in enjoying life rather than working just to survive. He’s always dreamed big, strived for greatness and deeply cared about people. His passionate spirit is evident by his funky superhero movie t-shirts and his new tattoo. His love for vegetarian will never allow him to become a chicken but his love of life and will to succeed make him your ideal motivational speaker and personal consultant. I have an experience of 5 + yrs in SEO & Digital Marketing field. With strong knowledge of Internet Marketing terms like Social Media Optimization (SMO),Search Engine Optimization (SEO), Blogging, Local Search Optimization, Mobile SEO, Ecommerce SEO & WordPress .

1 COMMENT

  1. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. It extremely helps make reading your blog significantly easier.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Comment moderation is enabled. Your comment may take some time to appear.