All Posts in Tag: under-construction housing projects.

GST Rate Cut to Pave Way for Affordable Housing

GST Rate Cut to Pave Way for Affordable Housing

The 33rd meeting of the Goods and Services Tax (GST) Council chaired by Finance Minister, Arun Jaitley summed a major change in the GST rates for under-construction housing projects. From 12 percent, the GST has now been brought down to 5 percent for under-construction houses and form 8 percent to 1 percent for affordable housing….

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