Myshopdeal

 A great relief to home buyers, real estate will bear lesser tax load under the new indirect tax regime, Goods and Service Tax (GST), coming into effect from July 1. Construction of flats, complexes and buildings will have a lower incidence of GST as compared to a plethora of central and state indirect taxes, suffered by them under the existing regime. Thus, buyers will get rid of making higher payments for their already booked properties even after July 1. Central Board of Excise and Customs (CBEC) as well as the states had received several complaints regarding people, who already have booked flats and made part payments, being asked to make the entire payment before 1 July 2017 or to face higher tax incidence for payment made after that, in view of the work contract service tax rate under the GST at 12 per cent for under construction buildings. CBEC however, in an official communication said that this was against the GST law and clarified that central excise duty is payable

GURUGRAM: After much delay, the railway overbridge at  Basai  on  Dwarka expressway  was inaugurated by chief minister  Manohar Lal Khattar  on Saturday. The RoB which is located at the junction of Sector 100 and 37-D at Basai village will fill a crucial connectivity gap on the 18-km-long  Dwarka  Expressway. The construction work on RoB was completed by the end of May and a few days back it was open to  traffic  for trial. "We feel proud to announce the completion of Basai RoB, one of the landmark infrastructure projects of Dwarka Expressway. This will connect several new sectors on either side of the road and improve connectivity between Gurgaon and the international airport, after completion of e-way," said PWD minister of  Haryana  Rao Narbir Singh, adding that RoB will save the travel time for commuters. Huda  administrator Yashpal Yadav said, "Now only 1.4 km stretch of Northern Peripheral Road is to be completed, out of 18 kms. We w