Realty firms want exemption of SEZ from MAT
MARG, the group in the realty market asked the government for an exemption of minimum alternate tax on the constructions made in SEZ.
As the economy is slowing down, the experts seek some positive announcement in the budget to enhance the private investment in the realty market.
The realty group expects that the budget will announce exemption for realty properties constructed in SEZ from MAT.
The group also seek relaxation of rules for long term investment policies to attract more investment in the field.
Also they want to increase the tax exemption limit against the interest paid on housing loans.
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Source : Business Standard
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