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Narendra Modi led Government

ASSOCHAM’s hopes from the first union budget

ASSOCHAM’s hopes from the first union budget
ASSOCHAM (The Associated Chambers of Commerce and Industry of India) has presented its demands before the introduction of the first Union budget under Narendra Modi-led government. They want an early roll out of GST (Goods and Services Tax), revival of SEZ (Special economic zones) a stable tax regime, slashing of tax rates and tax incentives [...] Continue Reading »

Finance and commerce to coordinate under Nirmala Sitharam

Finance and commerce to coordinate under Nirmala Sitharam
The incoming government led by Narendra Modi has a new spokesperson, an articulate spokeswoman, Nirmala Sitharaman, who is being viewed with a personality of being a bridge between commerce and finance ministries, says a source. An economic turnaround is what the nation needs at the moment, and the coordination of the two ministries is important, [...] Continue Reading »

Realty players hope Modi to bring in faster reforms in the sector

Realty players hope Modi to bring in faster reforms in the sector
The brand new Modi Govt which was sworn in on May 26, 2014 has brought a wave of hope among the real estate sector along with other sectors. Lalit Kumar Jain who is the chairman of Confederation of Real Estate Developers Association of India (CREDAI) mentioned that the market sentiments were low in the last [...] Continue Reading »

Builders Seek Speedy Project Clearance, Lower Interest Rates

Builders Seek Speedy Project Clearance, Lower Interest Rates
Optimistic about the new Narendra Modi-led government at the centre, builders are seeking concrete reforms in the real estate sector. Easing up on interest rates and ensuring speedy clearance of projects is at the forefront of builders’ demands. Cities such as Pune have been riding the sustainable housing wave for quite some time now. Encouraging [...] Continue Reading »

Commerce Ministry to pitch for scrapping taxes on SEZs

Commerce Ministry to pitch for scrapping taxes on SEZs
The Commerce Ministry has come to a conclusion that once the Narendra Modi and his government comes to power, there will be a new pitch for restoring the tax benefits for the SEZ (Special Economic Zones) Earlier the taxes of SEZ were free from any kind of obligation but since the yea 2011-12, this came [...] Continue Reading »

Will BJP-led NDA government be able to make Mumbai a ‘slum-free’ city?

Will BJP-led NDA government be able to make Mumbai a ‘slum-free’ city?
With BJP-led NDA having won the 2014 general election with a thumping majority, the people of Mumbai are now hoping that the Narendra Modi government will fulfill its promise and change the face of the city by making it ‘slum-free.’ The hopes of the people of Mumbai have been largely kindled by the fact that, [...] Continue Reading »

Comeback Infra funds Come back

Comeback Infra funds Come back
The past didn’t see the infrastructure doing any well, and with the new incoming government taking the bull by its horns there seems to be light at the end of the tunnel. The infrastructure in the past six months has been looked at as one of the freshest but well serving players, contributing to the [...] Continue Reading »

It’s raining jobs- The new government stirs the market

It’s raining jobs- The new government stirs the market
The days of the past had job seekers running from pillar to post, and living a dog eats dog world scenario, in the hopes of finding a job to keep their daily lives running. The outgoing government as many claimed did nothing much to solve the problems, especially with unemployment. Millions of young graduates across [...] Continue Reading »

Realty experts want new Government to make changes to stagnating legislations

Realty experts want new Government to make changes to stagnating legislations
Realty sector experts are expecting the new Narendra Modi-led Government to make a slew of changes to the stagnating legislations pertaining to the real estate industry, and pave the way for a “new India.” Experts who are pushing for modifications of legislations – as well as improved transfer pricing regulations to attract investors – include [...] Continue Reading »



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