https://www.taxtmi.com/news?id=15775 The Budget offers a 100% profit deduction for undertakings carrying out qualifying affordable housing projects subject to completion and approval conditions, while applying Minimum Alternate Tax. It exempts SPV distributions to qualifying REITs/INVITs from Dividend Distribution Tax, grants an additional interest deduction to first-time home buyers under specified loan and value limits, and provides service tax exemption for affordable housing construction under government schemes; it also extends excise exemption for site-use concrete mix to Ready Mix Concrete. en-us Mon, 29 Feb 2016 13:01:50 +0530 Mon, 29 Feb 2016 13:01:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15775 The Budget offers a 100% profit deduction for undertakings carrying out qualifying affordable housing projects subject to completion and approval conditions, while applying Minimum Alternate Tax. It exempts SPV distributions to qualifying REITs/INVITs from Dividend Distribution Tax, grants an additional interest deduction to first-time home buyers under specified loan and value limits, and provides service tax exemption for affordable housing construction under government schemes; it also extends excise exemption for site-use concrete mix to Ready Mix Concrete. News - Mon, 29 Feb 2016 13:01:50 +0530 https://www.taxtmi.com/news?id=15775