Budget Expectations 2023 – Real Estate
#Budget2023 is the prime focus right now and with it are the #budgetexpectations! Business, industries and sectors are sharing their expectations from the upcoming Budget which will be released tomorrow.
Watch on #LawWiser pre-budget expectations #RealEstate, as shared by Harsh Shah, Partner, Economic Laws Practice (ELP). Watch Harsh shares insights on expectations with GST law for the real estate sector.
Tune in to watch and understand
– Key changes expected in the budget for the real estate sector
– Deductions on account of land
– GST on redeveloped units
– Low-cost housing benefits
– Optional to permit payment of GST using ITC at a higher rate or lower rate with no ITC
– Credit eligibility for commercial leasing/sale
– The rationale behind the expectations