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Tag: Nirmala Sitharaman

Home » Nirmala Sitharaman » Page 2

Budget 2024
By Anuradha RamamirthamFebruary 1, 2024

Interim Budget 2024-25 provides more boost to Nari Shakti

February 1, 2024: Finance minister Nirmala Sitharaman presented her sixth consecutive Budget on February 1, 2024. Her Budget Speech that lasted a little less than an hour had women as a major focal point.  Sitharaman … READ FULL STORY

Budget 2024
By Sunita MishraFebruary 6, 2024

Direct tax collections more than trebled in past 10 years, says FM

Direct tax collections have more than trebled and the return filers swelled to 2.4 times over the past 10 years, union minister for finance and corporate affairs Nirmala Sitharaman said while presenting the Interim Budget 2024-25 … READ FULL STORY

Budget 2024
By Anuradha RamamirthamFebruary 6, 2024

Over 2 crore houses to be constructed under PMAY-G in next 5 years

February 1, 2024: The government will construct over two crore affordable houses in the next five years- 2029, under the Pradhan Mantri Awas Yojana (Rural). The Centre has already achieved a target of around … READ FULL STORY

Budget 2024
By Aditya VirwaniJanuary 29, 2024

What do builders expect from Union Budget 2024?

The real estate sector, a major contributor to the Indian economy and one of the largest employers, reached new heights in 2023–buoyed by increased property sales and rising buyer confidence. The year 2024 looks … READ FULL STORY

Current News
By Sunita MishraJanuary 29, 2024

Govt may announce PMAY extension; new interest subsidy scheme in Budget

January 17, 2024: Finance minister Nirmala Sitharaman is likely to announce an extension to its flagship housing scheme, the Pradhan Mantri Awas Yojana, when she presents the Interim Budget on February 1, says a report by … READ FULL STORY

Taxation
By Harini BalasubramanianJuly 17, 2023

No income tax up to Rs 7.27L earnings per annum in new tax regime: FM

July 17, 2023: Union finance minister Nirmala Sitharaman has said that the government has provided several tax benefits to middle-class people, including income tax exemption for those earning up to Rs 7.27 lakh per … READ FULL STORY

Current News
By Dhwani MeharchandaniJuly 11, 2023

50th GST Council meet today; ITC norms among key talk points

July 11, 2023: The 50th meeting of the Goods and Services Tax (GST) Council is scheduled to take place today in New Delhi. Presided over by union finance minister Nirmala Sitharaman, the council will … READ FULL STORY

Current News
By Sunita MishraJuly 11, 2023

Remove GST on free flats given in redevelopment projects: Credai

June 2, 2023: The government should remove GST applicability on flats given free to existing occupants in redevelopment projects, realtors’ body Credai (Confederation of Real Estate Developers’ Association of India) has said. This would … READ FULL STORY

Taxation
By Sunita MishraJune 4, 2023

Tax relief for leave encashment on retirement hiked to Rs 25 lakh

May 25, 2023: The government today notified the Increased limit of Rs 25 lakh for tax exemption on leave encashment for non-government salaried employees.  The entire leave encashment amount received is tax exempt for government … READ FULL STORY

Budget 2023
By Ravi SinhaFebruary 13, 2023

With focus on long-term growth, Budget 2023 ignores real estate wish list

The measures announced in the Union Budget 2023-24 will go a long way in shaping India’s real estate sector. In fact, the average homebuyer got busy in his tax calculations immediately after Finance Minister … READ FULL STORY

Budget 2023
By Housing News DeskFebruary 1, 2023

Union Budget 2023-24: Industry voices

Finance Minister Nirmala Sitharaman while presenting the Union Budget on February 1, 2023, said the document was the blueprint for ‘India at 100’. Outlined on the basis of seven priorities, the main focus of … READ FULL STORY

Budget 2023
By Harini BalasubramanianFebruary 20, 2023

Budget 2023-24: Infra gets major push with 33% capex hike

Finance Minister Nirmala Sitharaman tabled the Union Budget 2023-24 on February 1st, 2023. Aimed to achieve a multiplier effect on growth and job creation in the country, the FM made key announcements focusing on … READ FULL STORY

Current News
By Housing News DeskFebruary 1, 2023

Budget 2023: PAN to be single business ID

Finance minister Nirmala Sitharaman on February 1, 2023, said the government will roll out a legal framework under which the PAN (permanent account number) would be made the single business identification number . While presenting … READ FULL STORY

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