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Measures for promoting affordable housing

Budget - Dated:- 29-2-2016 - While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley proposed to give 100% deduction for profits to an undertaking from a housing project for flats upto 30 sq. metre .....

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SPV to the REITs and INVITs having specified shareholding will not be subjected to Dividend Distribution Tax. For the first - home buyers , he proposed to give deduction for additional interest of ₹ 50,000 per annum for loans up to ₹ 35 .....

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