Latest Answer: Hi,
The Budget 2015 has been discharged within which several tax laws connected proposals were created by the finance minister. Some realty trade participants are in their favour and a few feel they'll impact the property buyers pocket. These embody, termination of wealth tax, additional deduction u/ 80CCD of Rs 50,000 (this is over and above the Rs 150,000 deduction available) on NPS contributions, company tax rate to be reduced to 25 per cent over next 4 years from the current 30 per cent, increase in commission tax to 14 per cent from 12.36 per cent.
