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India mulls tax breaks to spur investment in housing

Published Tue, Nov 24, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New Delhi

INDIA may offer more tax breaks to encourage investment in the housing sector as Prime Minister Narendra Modi looks to revive economic activity in Asia's third-largest economy, two people familiar with the matter said.

Finance minister Arun Jaitley has asked the state-owned National Housing Bank to design a programme to attract investments in the housing sector.

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