BUDGET 2016
Affordable housing tax relief: Budget 2024 expected to bring back deduction on home loan interest payment, other measures Budget: India's real estate sector is currently facing a combination of challenges and opportunities. One significant opportunity is the increasing demand for affordable housing, which is being driven by government initiatives such as PMAY (Pradhan ...
11 Jul, 2024, 10.18 PM ISTSitharaman may focus on affordable housing in Union Budget: Former HDFC CEO Keki Mistry BUDGET 2024: Finance Minister Nirmala Sitharaman is expected to prioritize affordable housing in the upcoming Union Budget, former HDFC CEO Keki Mistry stated. Real estate developers are advocating for tax rationalization, more funds for the SWAMIH ...
05 Jul, 2024, 10.22 AM ISTBudget 2024 may see Modi govt hiking rural housing subsidy by 50% following Lok Sabha disappointment India plans a substantial increase in rural housing subsidies in the upcoming federal budget, potentially exceeding $6.5 billion, up by 50% from the previous year. This initiative aims to address rural economic distress and boost infrastructure spen...
03 Jul, 2024, 03.46 PM IST- ADVERTISEMENT
What to expect from real estate and infra sector in upcoming Budget? Keki Mistry answers Well, I think the focus will be on affordable housing in my opinion and there will some scheme or the other that will come up for the affordable housing segment.
03 Jul, 2024, 03.44 PM ISTWho will present Budget 2024 and how is it prepared? Union Budget 2024: Finance Minister Nirmala Sitharaman is set to present her seventh consecutive Union Budget since 2019, joining a distinguished group of finance ministers who have delivered at least five consecutive Union Budgets. This year's budg...
27 Jun, 2024, 01.58 AM ISTIndia starts preparing for a China-like population problem Falling fertility rates have left India staring at the spectre of looming demographic challenges that have caused big problems for other Asian powerhouses such as China and Japan. The government is now beginning to plan for an aging India which coul...
24 Jun, 2024, 04.21 PM ISTCentral govt employees seek rationalised income tax slabs and old pension scheme from Budget Central government employees are advocating for key reforms in the Union Budget 2024-25. Their demands include rationalization of income tax slabs, the restoration of the old pension scheme, the establishment of the eighth central pay commission, im...
24 Jun, 2024, 01.36 PM ISTRAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity BUDGET EXPECTATIONS: The Retailers Association of India (RAI) has urged the Union Budget FY25 to focus on lowering individual taxes to boost demand and consumption. RAI's pre-Budget recommendations include low-cost financing, subsidies on land and e...
21 Jun, 2024, 03.30 PM ISTPakistan's budgetary allocation for defence falls to 1.7 per cent of its GDP Pakistan allocates Rs 2,122 billion for defense in 2024-25, 1.7% of GDP, consistent with previous year. Defence spending as % of GDP has decreased since 2020. Key military acquisitions funded separately, obscuring exact spending.
13 Jun, 2024, 03.40 PM ISTRural jobs, roads, housing next on government radar The government plans to construct 30 million houses under PMAY and is focusing on addressing rural distress to boost growth in private consumption expenditure and household savings.
12 Jun, 2024, 12.18 AM ISTCommerce Ministry may seek more funds for startups in forthcoming Budget The Commerce and Industry Ministry plans to request additional funds for startups in the upcoming Budget to boost innovation. A new scheme may replace the current seed fund program, set to conclude in 2025. The government aims to support early-stage...
09 Jun, 2024, 02.49 PM ISTLok Sabha results won't force India's budget to make significant policy shifts: Fitch Fitch Ratings anticipates minimal policy shifts in India post-election losses. The upcoming July budget will detail economic reform plans and fiscal goals for the next five years, crucial for addressing fiscal metrics, reducing debt, potential devia...
07 Jun, 2024, 09.22 AM ISTCoalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch Fitch Ratings predicts that the new government in India, led by Narendra Modi, will face challenges in passing legislation on ambitious reforms due to coalition politics and a weakened mandate. Major reforms to land and labour laws will remain on th...
06 Jun, 2024, 12.44 PM ISTWe want to make India a manufacturing hub, but it has to be Aatmanirbhar too: Nirmala Sitharaman India's economic prospects face challenges from global uncertainties and rising commodity prices. Policy certainties, inflation concerns, job creation, and electoral targets shape the path ahead, reflecting a mix of opportunities and challenges in t...
19 Apr, 2024, 09.22 AM ISTUP Budget 2024 highlights: Quoting Ramayan, FM presents Rs 7.36 lakh cr record budget, says we are no more a Bimaru state; Fiscal deficit at 3.46% UP Budget 2024 Highlights: Uttar Pradesh FM Khanna said that this budget will lay a strong foundation for UP to become a one-trillion-dollar economy. He emphasized that it will address the needs of people from all walks of life in the state, with a ...
05 Feb, 2024, 12.50 PM ISTThe ratings rumble: Sitharaman's prudent budget revives an old dispute Three credit rating agencies hold over 90 per cent of the global market. Two of these agencies have said that FM Sitharaman's interim budget changes little for them at this time. The government has been for long complaining about the rating agencies...
02 Feb, 2024, 07.25 PM ISTIndia negotiating bilateral investment treaties with different countries to promote foreign inflow: FM Finance Minister Nirmala Sitharaman said that foreign direct investment (FDI) has doubled during 2014-23 to USD 596 billion compared to the inflow received during 2005-14. While presenting the interim budget, India is negotiating this treaty with co...
01 Feb, 2024, 03.47 PM ISTBudget 2024: How budget planning can help stimulate growth of renewable energy Interim Budget 2024: The Government of India aims to achieve 50% cumulative installed power generation capacity from non-fossil fuel sources by 2030. However, there is a need for increased annual capacity addition to reach the target. The upcoming b...
31 Jan, 2024, 11.46 AM ISTWhy the Budget needs to do something ‘special’ in healthcare The number of individuals with disability is expected to rise and as per WHO, 21% of the population across various continents have some disability or the other.
25 Jan, 2024, 02.13 PM ISTWho will present Interim Budget 2024, and how is it prepared? Interim Budget 2024: Have you ever pondered the intricate process of crafting the budget? Comprising a multitude of financial proposals, its creation is no small undertaking. Similar to the adage that Rome wasn't built in a day, the Union Budget of...
02 Jan, 2024, 01.00 PM IST