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GST Rates Cut, Affordable Housing Redefined
February 25, 2019June 9, 2021by In ECONOMY & POLICY

GST Rates Cut, Affordable Housing Redefined

The slash in GST rates to 5 per cent without ITC from the previous 12 per cent with ITC for premium homes, and to 1 per cent minus ITC for affordable homes from the earlier 8 per cent, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019.