This article sheds light on the implications of the applicability of the Minimum Alternate Tax (MAT) regime to the REITs (and the exemption there from) in the context of boosting affordable urban infrastructure.
Tag: National Urban Housing and Habitat Policy
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National housing policy includes rental aspect also
The Union Minister of Housing & Urban Poverty Alleviation (HUPA) Girija Vyas told the Lok Sabha recently that the National Urban Housing and Habitat Policy, 2007 (NUHHP) includes the aspect of rental housing in the area for specific action. The NUHHP, 2007 has taken note of the difference between demand and supply for housing and endeavors to assist the poorest of poor who cannot afford to pay the entire price of a house by providing them access to reasonably good housing on rental and ownership