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Industry speak: R K Arora
Business Standard / Feb 22, 2012, 00:28

“The projects where per unit cost is Rs 40 lakh or less should be classified as priority sector. Service tax should be removed on affordable units costing up to Rs 40 lakh. The 80 IB provision of the I-T Act should be implemented on affordable projects with area 1,000 sq ft within 25 km, and 1,500 sq ft beyond 25 km, of any metro city”

R K Arora
CMD, Supertech Ltd

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