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Budget 2014

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Budget 2014: Slum development to be part of CSR

In the union budget 2014-15, the finance minister has made it public that slum redevelopment along with consumer protection and road safety awareness will be considered as Corporate Social Responsibility (CSR) activities. As per the BJP’s manifesto, a low-cost housing policy will make certain housing for every family by 2020. Holding this statement true, the […]

Budget 2014: Goods and Services Tax (GST)

Budget Proposals regarding GST In his Budget speech, the Finance Minister Arun Jaitley has proposed that GST would be cleared by the end of 2014. It is expected to simplify and streamline the indirect tax regime. For the taxpayers, it would mean less paperwork and lower tax burden. He also stressed that the he aims […]

ranjan.j

Budget 2014: Govt to Soon Start Work on Creating Smart Cities

The Finance Minister has emphasised on measures to encourage development of smart cities. In this wake, he has announced an allocation of Rs. 7,060 crore for building smart cities and creating seven industrial cities. The finance minister has also focused on strengthening infrastructure by providing Rs 37,850 crore via NHAI to boost road network and […]

karthik.k

Budget 2014: SEZ, What happened recently?

The new Financial budget 2014-15 promises several measures for the renewal of SEZ. SEZ, the abbreviated form of Special economic zones, are special zones demarcated by the government where normal economic laws of the country is not applicable. In other words these zones have a very liberal economic laws to promote special economic activities. India […]

antone

Budget 2014 : Impact of REITs in Real Estate

In order to reduce the pressure on existing bank lending, the government has decided to provide necessary incentives for REITs. As per the Union Budget, several tax incentives for REITs coupled with infrastructure worth Rs 7600 cr that is planned for 10 cities is expected to help the sector in a significant way. Real Estate […]

sannihith.tn

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