rent

The fact-checking arm of the Press Information Bureau on Friday tweeted that reports claiming 18% GST on house rent for tenants are misleading. Renting of residential unit taxable only when it is rented to a business entity, it said.…

Apartments rented by companies for senior executives will cost more after recommendations of the GST Council came into effect earlier this week. Renting an apartment by a registered entity will now attract an 18% Goods and Services Tax…