• inner-page-banner

Deputy CM letter to Union Finance Minister on omission of Real Estate from GST, 4th March 2017.

Home/ Deputy CM Letter To Union Finance Minister On Omission of Real Estate From GST, 4th March 2017.

DIRECTORATE OF INFORMATION & PUBLICITY
GOVERNMENT OF DELHI
*****

4th March 2017

  • Deputy CM letter to Union Finance Minister on omission of Real Estate from GST

Please find attached a copy of the letter written by Delhi Deputy Chief Minister Mr Manish Sisodia to Union Finance Minister Mr Arun Jaitley.

In his detailed letter, while praising Mr Jaitley for piloting the GST negotiations successfully and leading the country to the biggest tax reform in recent years, Mr Sisodia has drawn the union Finance Minister’s attention towards the important omission of Real Estate sector from the ambit of GST.

Mr Sisodia has pointed out that by keeping Real Estate out of GST, the fight against black money would be weakened.

Deputy Chief Minister has referred to the recent article by the Central Government’s Chief Economic Advisor Mr Arvind Subramanian on the issue.

Mr Subramanian has given details of possible losses by keeping Real Estate out of GST ambit.
Supporting points raised by Mr Subramanian, the Deputy Chief Minister has stated that land and property transactions can be made more transparent by including Real Estate in GST.

****

Top