INTRODUCTION
We are pleased to present the latest edition of Tax Street
– our newsletter that covers all the key developments and
updates in the realm of taxation in India and across the globe for
the month of May 2019.
The taxation of real estate sector saw major changes being made
effective from April 2019 by the GST Council. Apart from this, a
string of crucial announcements and rulings in the realms of direct
tax, transfer pricing and indirect tax have taken place. In this
issue of Tax Street, we have tried to collect and synthesize all
these significant developments to draw a holistic picture of the
current tax landscape in India for your understanding.
- The 'Focus Point' section talks about
the GST reforms introduced in the real estate sector with a view to
give fresh impetus to the sector.
