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union budget 2014-15

Budget 2014: New airports to be developed in smaller cities and towns

Budget 2014: New airports to be developed in smaller cities and towns
Announcing the Union Budget 2014-15 on Thursday, Finance Minister Arun Jaitley said that air travel in the country will be notably improved through the development of new airports in smaller cities and towns. The government’s plans for better airport connectivity in regional areas are apparently rooted in the fact that though airport travel has increased [...] Continue Reading »

Budget 2014-15: Tax incentives proposed for REITs, InvITs

Budget 2014-15: Tax incentives proposed for REITs, InvITs
The Union Budget 2014-15 has given a noteworthy boost to the real estate and infrastructure sectors of the country. Among the key proposals of the government in the recently-presented Budget are tax incentives for two new investment products — Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The proposed tax incentives for REITs and InvITs will [...] Continue Reading »

Budget 2014: An outlay of Rs 37,880-cr proposed for building 8,500 km roads

Budget 2014: An outlay of Rs 37,880-cr proposed for building 8,500 km roads
In Budget 2014-15, presented by Finance Minister Arun Jaitley on Thursday, an outlay of Rs 37,880 crore has been proposed to be sanctioned for building 8,500 km of National Highways and roads in the country during the ongoing fiscal year. Proposing to sanction the mentioned outlay, Jaitley said that the National Highways Authority of India [...] Continue Reading »

Budget 2014-15: Income tax rates unchanged; Direct Taxes Code revived

Budget 2014-15: Income tax rates unchanged; Direct Taxes Code revived
In the Budget 2014-15, presented by Finance Minister Arun Jaitley on Thursday, income tax rates remain unchanged; while a proposal for reviving the revised Direct Taxes Code (DTC) will be considered by the government after taking into account the comments of stakeholders. With the promise that no tax changes will be brought on with retrospective [...] Continue Reading »

Budget 2014-15 — A ‘balanced’ budget

Budget 2014-15 — A ‘balanced’ budget
The Budget 2014-15 – presented by Finance Minister Arun Jaitley on Thursday – marked the maiden Budget of the newly-formed NDA government. Experts are of the opinion that the Budget is quite a ‘balanced’ one. Pushing for an all-encompassing agenda, the Budget predominantly underscores the new government’s comprehensive focus on macro-economic stabilisation, reduced inflation, sustained [...] Continue Reading »

High End Developers show keen interest in affordable housing projects

High End Developers show keen interest in affordable housing projects
The Union Budget which will be presented on July 10, Thursday will have a lot of leeway for the affordable housing segment which will give an up thrust to the housing for all by 2022 scheme. Interest rate subvention for the economically weaker section, lower income group and middle-income group homes will help India Inc. [...] Continue Reading »

High hopes of Realty sector from Budget 2014

High hopes of Realty sector from Budget 2014
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 »

Srei Infra CMD: 2014 Rail Budget broadens scope of private sector participation

Srei Infra CMD: 2014 Rail Budget broadens scope of private sector participation
According to Hemant Kanoria, Chairman and Managing Director of Srei Infrastructure Finance Ltd, the 2014 Rail Budget has – unlike the Rail Budgets of the previous years – broadened the scope of participation of the private sector. The observation by Kanoria comes against the backdrop of the fact that the Rail Budget this year is largely [...] Continue Reading »

The real estate sector puts forth its pre-budget demands

The real estate sector puts forth its pre-budget demands
The forthcoming Indian Budget 2014 to be presented by the Finance Minister Arun Jaitley has a lot of expectations from all the strata of the society. The realty sector is a critical sector of our economy and it has been struggling under high mounting debts and lowered demand. Since it has a multiplier effect on [...] Continue Reading »

Mumbai-Ahmedabad bullet train likely to get a push in 2014 Railway Budget

Mumbai-Ahmedabad bullet train likely to get a push in 2014 Railway Budget
Railway officials in Mumbai are hopeful that Prime Minister Narendra Modi’s new government will give a push to the first Mumbai-Ahmedabad high-speed train proposal in the 2014 Railway Budget — the first rail budget of the Modi government. The projections voiced by the Mumbai Railway officials about an expected push to the Mumbai-Ahmedabad bullet train [...] Continue Reading »



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