hopes of Realty sector from Budget 2014
The CEO and Managers of prominent companies give their opinion on whether the new budget will open the door for real estate growth and development in the country. R. Nagaraj, President of CREDAI Karnataka, is optimistic about this year’s Union Budget allocation towards infrastructure and real estate development. According to him, domestic and Foreign Direct [...] Continue Reading »
In the Budget 2014, which was presented by Union Finance Minister Arun Jaitley on Thursday, scope of planning for tax liability arising out of ‘capital gains’ – that is, profits on sale of assets like real estate, gold, or shares – has been reduced. In addition, some evident loopholes in the system have also been [...] Continue Reading »
The Union Budget, which was presented by Arun Jaitley, the Finance Minister on 10th of July, will help in boosting the business in the real estate industry. The Tax benefits that have been given in the hands of people, especially income tax exemption against the interest in housing loans, will help people in building a [...] Continue Reading »
With the National Democratic Alliance (NDA) aiming to take the economy to a sustained growth rate of 7-8% within the next couple of years and increase job opportunities, Finance Minister Arun Jaitley announced new measures to improve roads and boost construction. The road sector was the focus during the previous NDA government as well. Arun [...] Continue Reading »
Earlier this week, CII (Confederation of Indian Industry) officials and other eminent industrialists had gathered at an interactive session in New Delhi to watch the live telecast of the 2014-2015 General Budget. The industry and its leaders have welcomed the Modi government’s first budget as reformist, one that will help create more job opportunities and [...] Continue Reading »
India Inc. is waiting for the maiden budget of the Modi Government to be presented on July 10, with a bated breath. The realty sector which is reeling under the pressure of debt and sluggish demands is waiting for the some of their long-awaited demands to come to reality and give a turnaround to the sector. [...] Continue Reading »
