Key takeaways for the real estate sector include: ⢠Income tax relief for the middle class: The finance minister announced zero income tax for individuals earning up to Rs 12 lakh annually, providing a major consumption boost. This move is also expected to strengthen demand for affordable housing. Additionally, the new income tax bill will...
Tag: Anuj Puri
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Housing for All by 2022 to attract $ 1.3 trillion
The ancient Chinese curse, 'May you live in interesting times,' certainly has a lot of pertinence to the Indian real estate today. These are doubtlessly the interesting times for the sector, which has transformed significantly over the last decade.
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GST and its impact
The Goods and Services Tax (GST) is the most radical taxation reform that is set to alter IndiaĂ´s economic prospects. A single indirect tax, encompassing all goods and services, is surely a welcome change.
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Looking East
While political differences may take a while to be ironed out, growing business collaborations between India and China are scripting a mutually benefiting story. China has shown keen interest to finance IndiaĂ´s infrastructure development