Luxury Tax

Luxury tax on buildings to be renamed as ‘additional tax’

July 13, 2023

Luxury tax on buildings to be renamed as ‘additional tax’

The luxury tax and one-time tax are imposed on buildings based on their floor area.

July 04, 2022
Centre open to cut GST slabs, fuel unlikely to come under the tax structure

On the industry demand for bringing petroleum products under GST net, he said since fuel constitutes a larger part of their revenues, both the Centre and states have some apprehension.
June 23, 2022
Now, houses above 538 sqft under property tax ambit in Kerala

The decision to set a ceiling for increasing the tax for buildings in certain categories was withdrawn.
June 22, 2022
Is your house along the Kochi Metro line? Luxury tax may go up by 50 per cent

The luxury tax increase is mooted for the houses within 1 km along both sides of the Metro line from Aluva through SN junction, Thripunithura.