[REAL ESTATE NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Real estate news to share with you which is as undermentioned.
Affordabl housing has received a boost over the past year, on account of benefits of lower tax rate and input tax credit. Being out of GST ambit, demand for ready-to-occupy properties is also growing. The initial announcement out effective GST at 12% after factoring in one-third abatement for land value. However, in tandem with its stated objective of ‘Housing for All’ by 2022, rate for affordabl housing was cut to 8% with effect frm January 25.
The reduced tax is applicabl to up to ..
Kamaindia Pvt. Ltd.
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