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finance budget 2014-15

Property Tax 1

Budget 2014: Direct tax code breathed a new life

The maiden budget under the regime of Modi’s government, was a mere litmus test as big investors, corporates and stakeholders, expecting major economic reforms keep a watchful eye. The budget 2014-15, left the income tax rates unchanged, however it offered sops to small assesses, by increasing the threshold exemption limit from Rs 2 lakh to […]

Investment 211111111111

Budget 2014: Incentives for REIT and InvITs

In a bid to offer a major boost to the infrastructure and real estate sector of the nation, Modi government’s maiden budget promised conducive tax regime for two crucial investment instruments- Infrastructure Investment Trusts and Real Estate Investment Trusts. Such a move is expected to rope in long-term funds from both domestic and foreign investors, […]

Budget 2014: How will REITs benefit the realty sector

The new government has proposed tax incentives for REITs(Real Estate Investment Trusts) in the FY 2014-15 budget. This was an expected step from the government to encourage investment in the real estate sector. Though good in intent, the Centre however needs provide clarity on tax structure and incentives. Why REITs? REITs will act as the […]

sannihith.tn

Budget 2014 Paves Way for BJP’s ‘100 Smart Cities’ Vision

Going according to its vision to build 100 Smart Cities in India, the Modi government, in its maiden annual budget, has allocated Rs 7,060 crore in the current fiscal towards building smart cities. There are already several industrial cities declared as part of this initiative across various industrial belts of the country. While ‘Smart Cities‘ […]

karthik.k

Budget 2014: New FDI norms to attract foreign investors

Foreign Direct Investment in real estate is a good source of funding. In the Union Budget 2014, certain modifications are proposed in the current FDI norms so as to encourage it in Indian real estate market. There are certain conditions and norms in FDI with respect to area, built-up area, capital and time frame. These […]

sannihith.tn

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