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Real estate can also come in the realm of GST: Arun Jaitley

Real estate can also come in the realm of GST: Arun Jaitley

Finance Minister Arun Jaitley said that real estate is an area where most tax is stolen and hence there is a strong basis for bringing it under the purview of GST. Jaitley said that this matter will be discussed in the next meeting of GST in Guwahati on 9th November. I personally believe that there is a strong basis for bringing GST to the real estate realm. Jaitley has said that today the direction of global development has changed, in which we are working on implementing the real plan to deal with the situation related to banking. We have to rebuild the (banking sector) capacity.

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