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Mani Kellaka

Latest Posts by Mani Kellaka

How wealthy makes easy money

December 4, 2021 1662 Views 0 comment Print

One of my friends working in an MNC and making nearly 6 figure salary says that it is very easy for people to earn money through stock market. It seems he makes around 3 lacs per month by investing in options. He even sent me screenshots of the profits he earned. Another Friend says he […]

Overview of GST on Real Estate and Construction Services

August 1, 2019 21558 Views 2 comments Print

Introduction: Real estate is one of the globally recognized sectors. Affordable housing sector got a boost with Budget 2019 and Government agenda on Housing for All. For GST purposes, let us segregate the real estate transactions into following Affordable housing segment Residential other than Affordable housing segment Commercial Apartments such as shops, offices e.t.c., Completed […]

12% or 18% Dilemma- GST on Government Sub Contract

July 1, 2019 214935 Views 17 comments Print

Introduction: Most of the government works contract comes under the slab rate of 12%. But GST rate on Government Sub contract is still widely debated in the Infrastructure sector since the notification governing tax rates is unclear. What GST Law Says? As per Sl no 3, clause (ix) of Notification 11/2017-Central Tax (rate) dt 28.06.2017 […]

Overview of GST on Government works contract

June 13, 2019 117414 Views 25 comments Print

Government allocates every year a major portion in its budget towards development of Roadways and other Infrastructure projects. Construction of Roads, bridges, dams, are the main constituents in Infrastructure development. As infrastructure is highly responsible for propelling growth of other sectors and India’s overall development, Government of India is giving huge impetus for development of […]

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