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
Industry body Naredco (National Real Estate Development Council) has asked the finance ministry asking it to launch real estate-specific fund SWAMIH-2 with a wider scope. Highlighting the role the SWAMIH fund played during the … READ FULL STORY
The government may increase the exemption limit on income tax from existing Rs 2.5 lakh to Rs 5 lakh in the upcoming Budget, news agency IANS reported. If it fructifies, the move will leave … READ FULL STORY
The Centre is mulling changes in the insolvency law for faster wrapping up for builder insolvencies, reported US news agency Bloomberg. According to the report, which quoted unnamed sources, the changes in the Insolvency and Bankruptcy Code (IBC) … READ FULL STORY
Betterment of infrastructure facilities has been a key agenda of the central government, India’s ambition of sustaining its relatively high growth, depends largely on this one factor. With that objective, the government launched the … READ FULL STORY
In the backdrop of India’s 75th year of independence, a prevailing Omicron wave and upcoming elections across five Indian states, the Union Budget 2022-23 was presented by finance minister Nirmala Sitharaman on February 1, … READ FULL STORY
In a move that could speed-up the process of infrastructure development in India, the union cabinet, on March 16, 2021, approved a bill to set up a Development Finance Institution (DFI), to offer long-term … READ FULL STORY
While India’s real estate sector did not get the special treatment it expected from the Union Budget 2021-22, some relief did come its way, in the form of an extension of the safe harbour … READ FULL STORY
With India battling the world’s second-highest Coronavirus caseload after the US, the Union Budget 2021-22 provided for a boost in healthcare expenditure in India by 135%. Finance minister Nirmala Sitharaman, who presented the Budget … READ FULL STORY
The market has welcomed the host of announcements in Budget 2021 that are being seen as a measure to revive the economy. From health to infrastructure, finance minister Nirmala Sitharaman’s third Budget speech tackled … READ FULL STORY
The government’s Economic Survey 2021 shows that there has been a marked improvement in access to quality housing in India, especially for the people belonging to the low income group (LIG) segment. Citing trends … READ FULL STORY
