Negative List: Bane Or Boon For Realty?

The industry at large may have criticized the introduction of the new comprehensive regime of taxation of services, due to higher incidence of taxes under the current environment.

October 06, 2012 / 16:25 IST

The industry at large may have criticized the introduction of the new comprehensive regime of taxation of services, due to higher incidence of taxes under the current environment. However, it is turning out to be a blessing in disguise for the hard hit real estate sector, which is suffering from the global crisis, high interest costs and rising cost of inputs. The attached report by BMR Advisors explains why....

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