In a huge relief to home buyers, the GST council on Sunday decided to reduce the tax rate on under construction flats to 5 per cent. The council also decided to reduce the GST rate for affordable housing from 8 per cent to 1 per cent. The new tax rates will come into effect from April 1, 2019.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2SneXv5
