Real Estate Players Welcome Tax Benefits, Exemptions Announced In Budget 2019Saturday February 02, 2019
Owners of unsold inventory are currently exempt from paying income tax on notional rent for a period of one year.
Interim Budget Showers Tax Benefits To Boost Realty SectorIndo-Asian News Service | Friday February 01, 2019
In a major push for the affordable housing segment, the Finance Minister also proposed to extend the benefits under Section 80-IBA of the Income Tax Act for one more year till March 2020.
What Property Consultants Expect From Budget 2019NDTV Profit Team | Wednesday January 30, 2019
For the real estate sector, experts think that a much-needed impetus is required from the Union Budget 2019.
Higher Allocation To Pradhan Mantri Awas Yojana To Be Welcome Move: CARENDTV Profit Team | Monday January 28, 2019
Ratings agency CARE has said that the government's fiscal situation for 2018-19 has been an area of concern with revenue not keeping up with targets.
What To Expect For Real Estate Sector In Budget. Here's A ListNDTV Profit Team | Tuesday January 15, 2019
Union Budget 2019: Many property consultants expect the cash crunch to continue in the real estate sector, which relies highly on borrowing. Among its recommendations for the real estate sector, Ficci has said that the government should increase the income tax deduction limit for individuals on interest payment against loans taken for acquisition or construction of se...
Budget 2018: Too Little For Real Estate Sector, Say StakeholdersIndo-Asian News Service | Friday February 02, 2018
The sector, which has seen some pathbreaking changes with demonetisation and the RERA Act since 2016 was hoping for a revival felt dejected with lack of emphasis and further reforms in the Union Budget 2018-19.
Budget 2018: Government Announces Dedicated Affordable Housing FundIndo-Asian News Service | Thursday February 01, 2018
Experts were disappointed with no changes in the income tax slabs and absence of other direct measures that influence the real estate sector.
Budget 2018: Real Estate Sector Welcomes Housing For All SchemeNDTV Profit Team | Thursday February 01, 2018
The real estate sector sees Union Budget 2018 as a balanced one with focus on affordable housing.
Realty Sector Pins Hopes On Budget 2018 For Lower GST, Infrastructure StatusPress Trust of India | Wednesday January 31, 2018
Industry players are expecting rationalisation of the GST rates from the current 12 per cent to 6 per cent and bringing stamp duty under the ambit of GST.
In Mumbai, Delhi, How Once-Hot Property Market Has TankedPooja Thakur, Upmanyu Trivedi and Dhwani Pandya, Bloomberg | Wednesday January 31, 2018
The property developers are adding to a pile-up of bad loans in India's banking sector, which is already struggling to manage a spike in stressed assets across several industries.