BREAKING NEWS : Big News For People Living In Illegal Colonies Of Delhi, Center Gives Exemption In Income Tax

New Delhi: The central government has announced a major relief in income tax for the people living in the illegal colonies of Delhi.  The government has said that people who buy land or houses in Delhi’s illegal colonies, which were authorized last year, will get exemption in income tax.

It has been said by the government that earlier these colonies were illegal. In such a situation, it is possible that some people have bought land or house at a lower price than the circle rate fixed by the government for property registration. Such people will also be exempted from income tax.