GST exemption on renting residential buildings withdrawn
Real Estate

GST exemption on renting residential buildings withdrawn

GST exemption on renting of residential dwelling to business entities (registered persons) has been withdrawn, as per the reported recommendations by the GST Council. GST on LED lamps, lights and fixture, and their metal printed circuits board has increased from 12 per cent to 18per cent, while hotel accommodations upto Rs. 1,000 per day will be taxed at 12 per cent.

As per the clarifications, all fly ash bricks will attract same concessional rate irrespective of the fly ash content. The condition of 90 per cent fly ash content with respect to fly ash bricks will apply only to fly ash aggregate and not on the fly ash bricks. As a simplification measure, the condition of 90 per cent content is being omitted.

GST exemption on renting of residential dwelling to business entities (registered persons) has been withdrawn, as per the reported recommendations by the GST Council. GST on LED lamps, lights and fixture, and their metal printed circuits board has increased from 12 per cent to 18per cent, while hotel accommodations upto Rs. 1,000 per day will be taxed at 12 per cent. As per the clarifications, all fly ash bricks will attract same concessional rate irrespective of the fly ash content. The condition of 90 per cent fly ash content with respect to fly ash bricks will apply only to fly ash aggregate and not on the fly ash bricks. As a simplification measure, the condition of 90 per cent content is being omitted.

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Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

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IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

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India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

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