EXPANSION OF REVERSE CHARGE MECHANISM (RCM) UNDER GST: KEY UPDATES FOR FY 2024-25
EXPANSION OF REVERSE CHARGE MECHANISM (RCM) UNDER GST: KEY UPDATES FOR FY 2024-25 Admin December 4, 2024 The Reverse Charge Mechanism (RCM) under GST is a pivotal framework designed to enhance compliance and streamline tax collection. Recent amendments for FY 2024-25 have expanded the scope of RCM, especially in the realm of renting services. Here’s […]
Impact of GST Changes on the Real Estate Sector
Impact of GST Changes on the Real Estate Sector Admin November 25, 2024 The Goods and Services Tax (GST) has had a profound effect on various industries across India, including the real estate sector. Introduced in 2017, GST sought to streamline taxation and create a unified market for goods and services. However, its implications for […]