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Liberman plans higher tax on buying four or more apartments

Finance Minister Avigdor Liberman plans imposing 12.5% purchase tax on investors buying four or more apartments. "Globes" examines whether this would cool the market.

After South and North MCD, now East MCD increases tax in its budget: AAP

The MCD levied 15% tax in the name of Betterment and Rs 1200 to 3000 in the name of Professional Tax. To get a land plan passed in MCD, now instead of Rs 5 per square meter, Rs 50 per square meter will have to be paid.

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