The Ministry of Finance on 2nd June 2021 has clarified that the registered person who shall pay integrated tax on supply of construction service by him against consideration in the form of development rights or FSI, in a tax period not later than the tax period in which the date of issuance of the completion certificate for the project, where required, by the competent authority, or the date of its first occupation, whichever is earlier.
RBI – Digital Payments Index for March 2024
The RBI-DPI index has increased across all parameters driven by significant growth in payment performance and payment infrastructure across the country over the period.