The real estate industry, passing through a protracted recession even before the pandemic which worsened it manifold
This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
The best part of Union Budget 2021, however, is that Nirmala Sitharaman resisted the temptation to slap more cess, surcharges on the taxpaying citizens and refrained from imposing a ‘wealth tax’ to raise revenue.
From a consumer and healthcare perspective, Union Budget 2021 has a lot of positives. On the healthcare side, COVID-19 pandemic had brought to light India's underspend in healthcare. Budget 2021 has done well by allocating over Rs 2 trillion holistically towards the health sector, a handsome increase of 137 percent.
Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha
The last few years have witnessed a major downfall in the real estate sector owing to demonisation, GST, RERA, NBFC crisis, says Sanjay Daga, COO, Runwal
Union Budget 2021: Enhance tax benefit in interest on housing loan to Rs 3 lakh from current Rs 2 lakh
Introduction of housing bonds is another avenue which the government may look at where investment by retail investors is allowed
The growth of real estate sector has its linkages and impact on multiple sectors and hence warrants an integrated approach for holistic and sustainable development
The demands include personal tax relief, tax rebate on housing, extension of interest subvention, GST waiver, infrastructure status for the realty and easing liquidity for the sector
Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year
The Union Budget will be presented against the backdrop of the economy in recession due to COVID-19