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National Political News Telugu

GST meet tomorrow: Council likely to take up implementation of lower rates for realty sector

The Goods and Services Tax, GST Council will meet in New Delhi tomorrow. Finance Minister Arun Jaitley will chair the 34th meeting of the Council via video conferencing. The council is expected to take up various issues, including the implementation of lower GST rates for the real estate sector.

In the previous meeting, the GST Council had slashed tax rates for under-construction flats to five per cent and affordable homes to one per cent. The new tax rates will come into effect from the first of April.

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