Update on July 5, 2019: Finance minister Nirmala Sitharaman, while presenting the Union Budget 2019-20, on July 5, 2019, said the government is proposing additional tax deduction of Rs 1.50 lakhs on the interest paid … READ FULL STORY
The income tax laws provide various heads of income, for taxation, depending on the nature of activities carried out by you. One particular income may be taxed under the head ‘Profits and Gains of … READ FULL STORY
The Delhi Development Authority (DDA), on April 11, 2018, presented its budget for FY 2018-19, along with revised estimates for 2017-18, before the Authority, the DDA’s highest decision-making body, during a meeting held at … READ FULL STORY
Maharashtra’s finance minister Sudhir Mungantiwar, on March 9, 2018, presented the budget for 2018-19, which has an estimated revenue deficit of Rs 15,374 crores and focuses on improving infrastructure. While he made a provision … READ FULL STORY
According to rating agency ICRA, Budget 2018 has reinforced the government’s intent to focus on the development of the affordable housing sector under the Pradhan Mantri Awas Yojana (PMAY). “A significant increase in the … READ FULL STORY
The Reserve Bank of India (RBI), on February 7, 2018, opted for the widely expected status quo in key rates, citing inflation concerns and flagged risks from wider fiscal deficit. The repo rate, at … READ FULL STORY
There have been several long-standing demands from the real estate sector and prior to Budget 2018, there were hopes that at least some of them would be addressed. The Budget for 2018-19, however, has … READ FULL STORY
The Brihanmumbai Municipal Corporation, on February 2, 2018, presented a budget of Rs 27,258 crores for 2018-19, an increase of 8.4 per cent from the current fiscal’s figure of Rs 25,151 crores, with no … READ FULL STORY
Finance minister Arun Jaitley’s Union Budget for 2018-19, by and large did not have any major announcements for the real estate sector. While developers have termed Budget 2018 as a pro-buyer populist budget, home … READ FULL STORY
Ketan Sawant Senior PR professional, Mumbai There have been remarkable changes in the real estate sector, since 2017. The implementation of the Real Estate (Regulation and Development) Act (RERA), has enhanced transparency, accountability and … READ FULL STORY
With maximum increase in allocation to the Smart Cities Mission, the Housing and Urban Affairs (HUA) ministry’s budgetary provisions have been pegged at over Rs 41,765 crores for the next fiscal, a hike of … READ FULL STORY
Presenting his fifth straight budget in the Lok Sabha, union finance minister Arun Jaitley, on February 1, 2018, said that a special scheme will be executed with the Delhi government and adjoining states, to … READ FULL STORY
Finance minister Arun Jaitley in his budget presentation said that the government proposes to expand airport capacity by more than five times, to handle a billion passengers a year, adding that the balance sheet … READ FULL STORY
