Investing in the Future of the Built Environment

A Few Thoughts

At last, the Central Government’s GST Council reduced the GST rates on many products in October. Thankfully, the GST on basic construction materials such as cement has been lowered from 28% to 18%. Cement is no longer considered a ‘luxury or sin’ good. I am sure rationalised GST rates will boost consumption and over time will bring more revenue to the government.