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GST Exemption Limit in ADDA raised to Rs. 7500

As per recommendations made by GST Council granting relief from GST on services provided by Resident Welfare Association, we have raised the GST exemption for residents to Rs. 7500 in ADDA system. This change will be applicable from 1st February. Note: For quarterly invoices raised in January, pass credit notes to reverse the excess GST

Apartment Living Trends As We Enter 2018

Year 2017 has been a very eventful year for Apartment Dwellers. Apartment living was impacted by several government initiatives. Introduction of GST, implementation of RERA in many states in India, even the cascading effect of demonetisation drive are few factors which had a major impact this year. Our research show few trends which are driving

ADDA – Your Christmas/New Year Celebration Genie

Wouldn’t it be great if you had a Genie helping you out with your Christmas or New Year Celebration at home? Snap your fingers and Ahoy, there are your decorations put up on the walls! There you have your Christmas tree ready! Well, we can’t get you a Genie (his whereabouts are unknown these days).

GST Press Release: On Services provided by RWA (Resident Welfare Association / Housing Society

Below is a Press Release from the government of India to rest various speculations around applicability of GST for Housing Societies.  There are some press reports that services provided by a Housing Society [Resident Welfare Association (RWA)] will become expensive under GST. These are completely unsubstantiated. 1. It may be mentioned that supply of service by

GST is LIVE on your ADDA!

As India prepares for this revolutionary change in tax system, your ADDA is now ready with relevant changes on GST. All the service tax settings where ever applicable have been moved to GST effective from today, July 1st, 2017. All tax calculations will be done as per GST, automatically by the system! There are a few

Goods & Service Tax (GST): Background & It’s effects on Housing Societies

What is GST? GST – Goods & Services Tax is all set to be one of the most impactful economic reforms to be implemented in last few decades and is already being labeled as a major social reform too. What Is Wrong with The Current Tax System? Though India is politically one country, economically it

Every Well Managed Apartment Complex Has An ADDA

If you live in a gated society or more so, if you are on the managing committee of a residential complex, you’ll be more than aware of the pain-points of running it – Keeping track of the expenses, Optimizing costs, Overseeing staff attendance and day to day maintenance, Making sure smooth running of heavy machinery like generators,

Transfer Electricity Meter To Your Name In Namma Bengaluru

Bought a house in Bangalore? Congratulations! It is indeed a milestone and we wish you all the happiness in your new home. So, have you gotten around to fulfilling the responsibilities of a new homeowner? Khata registration? Electricity meter name transfer? Need help with the latter? That’s what this article is for! Easy Ways To

Guidelines To Make Your Apartment Living More Secure

Living in an apartment complex is the most convenient option for many urban dwellers. The advantages of staying in an apartment society are many: Access to utilities such as Gym, Swimming pool, Play areas, Walker’s park, etc Additional facilities such as 24-hour uninterrupted water and power supply Community living; Hobby classes, festival celebrations Ease of

Ways to Avoid Water Scarcity in your Apartment Complex

Summer has just kicked in. One of the key challenges during summers in Apartment Complexes, packed with modern amenities, is to meet the water demands for keeping all the amenities working. Typically, it’s seen that Apartment Residents consume anything between 140 to 250 litres of water per day! During rest of the year, most apartment
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