Author: Vineet Agarwal, Partner, Times of India
The Narendra Modi government is all set to present its second budget on February 28th. Like its maiden budget, which managed to provide some relief to tax payers, there are many expectations from the second budget too.
AUTHOR – ANUJ PURI >> In the previous nine-month Budget, the new government outlined its vision for boosting affordable housing. Provide On-Ground impetus for affordable housing In the previous nine-month Budget, the new government outlined its vision for boosting affordable housing. From the upcoming 12-month budget, the Indian real estate sector looks forward to […]
SOURCE – PTI, THE ECONOMIC TIMES >> Industry body National Real Estate Development Council (NAREDCO) has sought reintroduction of tax benefits for the housing sector to boost demand. Re-introduce “tax benefit under section 80-1B(10) in coming union budget 2015 to provide tax benefits for the housing sector up to basic selling price of Rs 60 […]
AUTHOR – ANSHUMAN MAGAZINE, CMD Following nearly two years of sub-5% growth due to currency volatility, high inflation and fiscal deficits, poor investment and market sentiment scenario, India’s economy bounced back with a growth rate of 5.7% during the April–June period of FY 2014–15, up from 4.6% in the preceding quarter. With business prospects improving […]
AUTHOR – PTI, THE ECONOMIC TIMES >> The real estate industry today hailed the RBI’s decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market. reserve-bank-of-india-rbi-21However, real estate developers and property consultants demanded that interest rates be further reduced. Encouraged by softening inflation, […]