Question Detail

Will the EMIs on home loan shoot up, due to the GST?

By Mehak Sharma On Aug 17 2017 1:59AM


Answered by info@realtymedia.in

The GST is slated to be applicable on financial services, at the rate of 18 per cent. Hence, home loan processing charges are likely to increase under the GST regime.

Aug 18 2017 1:32AM