Union Budget 2014-15
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 […]
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‘ […]
