Who will benefit from government’s relaxations in housing tax? Find out
Finance Minister Nirmala Sitharaman on Thursday announced several measures to provide relief to different sectors in the COVID-19 hit economy. One of the most significant announcement came in the form of relaxations in income tax rules to allow sale of primary residential units of up to Rs 2 crore value below the circle rate.
Till now, only 10 per cent difference between the circle rate and the agreement value was allowed. Source - PTI.