Tag Archives: commercial

‘No GST on women hostels as end-use not commercial’

[ad_1] Chennai: Pointing out that rentals attract GST only if the rented building is used for commercial purposes, Madras high court has quashed GST demand on hostels for working women and girls.Justice Krishnan Ramaswamy, setting aside the GST demand notice, said: “While adverting to the imposition of GST on hostel …

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GCC share in commercial real estate is on the rise

[ad_1] Bengaluru: The share of global capability centres (GCCs) of foreign firms in total office space leased in India is steadily rising. Colliers, a real estate management firm, says the space leased by GCCs in 2023 is the highest since 2020. The firm says GCCs – technology and shared services …

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Tata Motors to split cars, commercial vehicles business

[ad_1] MUMBAI: India’s top conglomerate Tata Group is splitting its automobile business into two listed entities by separating its commercial vehicle (CV) unit from its passenger vehicle (PV) arm, which will include the money-making Jaguar Land Rover (JLR). Once this is done, the group will have four entities from the …

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