Tag: Under Construction Houses

GST on under-construction houses cut to 5%

New Delhi: The GST Council on Sunday lowered the tax on under-construction residential properties to 5 per cent from 12 per cent to boost the realty sector. The new rates will be implemented from April 1. The Council also made changes in the definition of affordable housing carpet area and cost. Properties costing up to […]

  • Monday, 03 May 2021
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