Budget Expectations 2016-17

DSIJ Intelligence / 27 Feb 2016

The Union Budget should pay specific heed to this pressing need. On purchase into an under-construction property, buyers can only claim tax benefits of Rs. 2 lakh after possession if construction is completed within three years. The benefits reduce to Rs. 30,000 if the builder delays construction beyond this – and they pay higher interest. Budget Expectation 2016-17 JLL India By Anuj Puri.PDF

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