Huge relief for those who are about to buy their own homes

In a big relief to home buyers, the GST Council has slashed tax rates on under-construction housing properties to 5 per cent without input tax credit, from the existing 12 per cent. Finance Minister Arun Jaitley made the announcement on Sunday.The Council also cut GST rates on affordable housing to 1 per cent from the current 8 per cent and expanded the scope of more

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