If Real Estate Brought Under GST, Buyers Will Pay Negligible Tax: Jaitley
Conceding that India is historically one of the least efficient tax systems in the world, Jaitley told his audience at the Harvard University that his government has identified real estate as the one sector where the maximum amount of tax evasion takes place.
Investing in property in an emerging hotspot can be an affordable and profitable plan. But, what if the locality doesn't develop as expected? Here are some ways in which you could identify a potential hotspot.