Andhra Pradesh Grants 50% Tax Relief to Plot Owners and Builders After Property Rule Changes
VIJAYAWADA, Apr 21: In a significant policy move aimed at stimulating the real estate sector, the Andhra Pradesh government has introduced a 50% waiver on Vacant Land Tax (VLT) for plot owners and builders during the construction phase of approved projects. The reform comes through an amendment to the Levy and Assessment of Property Tax Rules,…
Read More...