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Budget 2015-16

housing for all

Budget 2015: “Roof for Each Family by 2022”

Working towards building about 2 crore housing units in urban areas and about 4 crore housing units in the rural areas. One of the important steps taken by the present central government during the fiscal year 2014-15 was the “Housing for all by 2022”. The scheme was focused on providing affordable housing for every family […]

karthik.k

India Heritage cities

Budget 2015: A booster shot for selected heritage sites

Budget 2015-16 have earmarked several heritage sites for further infrastructure development to increase tourist influx. These include Churches in Goa, Hampi in Karnataka, Elephanta Caves in Mumbai, Kumbhalgarh fort in Rajasthan, Rani ka waav in Patan, Leh Palace in Jammu and Kashmir, Varanasi temple Town, Jallianwallah Bagh in Amritsar and Tombs in Hyderabad. The identified […]

sannihith.tn

Budget 2015: A Tame Budget for Real Estate

Kishor Pate, CMD – Amit Enterprises Housing Ltd. The budget has fallen short of expectations and not delivered on many of the expected counts. It has not provided any direct relief for the common man. It has not increased personal income tax deduction limits, nor has it provided any relief for home loan borrowers. However, […]

nikunj.j

Budget 2015: “Progressive budget with long term vision”- CREDAI

Manish Agarwal, Managing Director, Satya Group & Secretary, CREDAI NCR “It is a progressive budget with nuanced, comprehensive and stabilized long term vision. The measures, such as reduction in corporate tax to 25% over 4 years, abolishing of wealth tax and government’s committed to housing for all and make in India will aid realty sector […]

nikunj.j

Budget 2015: GST to be implemented from 1 April 2016

“GST is expected to play transformative role for country’s economy.” Finance Minister Arun Jaitley, in his Budget 2015 speech, has announced the implementation of Goods and Service Tax (GST) from April 1, 2016. With the introduction of the GST, a lessening in the number of various taxes executed is anticipated. These include service tax, excise duties and value […]

Sushmita Das

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