at the very Core of it all … is Content!
In the Budget for 2016-17, the Finance Minister has made a welcome reiteration of the Government’s commitment to uphold fiscal discipline without compromising on capital expenditure. The decision to stick to the fiscal deficit target of 3.5% is commendable and this clears the path for monetary easing, which in turn can have a positive impact …
The Bengal Chamber gives the Union Finance Minister Mr. Arun Jaitley a 6/10 for presenting a pro agriculture and socially tempered budget, with robust outlays for infrastructure, agriculture, rural and socio-economic schemes. This budget in consideration of the global negative outlook has focused on fiscal consolidation as against an aggressive growth outlook. It may propel …
To give him due credit, the Finance Minister has definitely made a concerted attempt to manage expectations with a balanced budget. While three of the real estate sector’s major expectations – increased HRA deduction, removal of DDT from REITs and boost to affordable housing by allowing 100% deduction on profits made by entities constructing …
“FY17 Budget has provided a strong growth direction to the Indian economy. The Finance Minister has managed to balance the need to prioritize social sector requirements with economic and business imperatives. The segmented 9-Pillar Approach with well carved out deliverables will ensure execution clarity and focus. By adhering to fiscal deficit aim of 3.5% the …
Kishor Pate, CMD – Amit Enterprises Housing Ltd. This Budget could have done a lot more for the real estate sector. However, there were some positives. The fact that the annual housing rent reduction limit has been increased from Rs. 24000 to Rs. 60000 could lead to an almost immediate uplift for rental housing across …
Kishor Pate, CMD – Amit Enterprises Housing Ltd.: Given that overall consumption sentiment is key, the new government will primarily need to present a budget that increases Indians’ financial confidence. To achieve this, it will have to introduce a more benevolent taxation regime. Specific to boosting the real estate sector, the government must formulate and …
Potential home customers and the real estate players are eagerly waiting for big announcements from the Union Budget 2016-17. The growth of the sector has been crippling with the growing gap between demand and supply of the properties. The disorganised real estate sector has been bawling for industry status for quite some time. Although the …