One per cent duty on luxury homes on anvil
The LDF Government in Kerala has plans to impose one per cent duty on construction of luxury homes to beef up funds for housing schemes for the poor.
By PTI |
THIRUVANANTHAPURAM: The LDF Government in Kerala has plans to impose one per cent duty on construction of luxury homes to beef up funds for housing schemes for the poor.
Announcing this at a press meet here, state Housing Minister Benoy Viswam said a legislation in this regard would be brought in.
Details like the limit of construction cost above which the duty was to be imposed would be decided after studying various aspects of the proposal, he added.
Announcing this at a press meet here, state Housing Minister Benoy Viswam said a legislation in this regard would be brought in.
Details like the limit of construction cost above which the duty was to be imposed would be decided after studying various aspects of the proposal, he added.
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