Page 2 - Special Window News Today

India Business News: Lenders have written to RBI seeking a reprieve for some segments from recent directions to prevent the evergreening of loans by routing funds to borrowers through alternate investment funds (AIF). This article discusses the concerns of lenders regarding the RBI's rules on AIFs and the practice of evergreening loans.

Budget 2024 Expectations Live News Updates: When the Finance Minister, Nirmala Sitharaman, presents her sixth consecutive Budget on February 1, it is anticipated that she will focus on boosting the rural economy and promoting consumption while managing inflation. Experts suggest that enhancing peoples disposable income can contribute to increased consumption. Various strategies can be employed to achieve this goal, such as reducing the tax burden through adjustments to the standard deduction or ...

Experts are calling for an increase in the price cap for affordable housing in metro cities, from ₹45 lakh to ₹1 crore, to make homes more accessible.

Will this budget be a springboard for millions chasing the dream of affordable housing or a mere stopgap? Ahead of Interim Budget 2024, experts share their wishlist: tax breaks, fund boosts, and a vital industry status for real estate .

In a relief to home buyers, the Uttar Pradesh Cabinet has approved the recommendations of the Amitabh Kant committee report on real estate projects that include giving immediate possession and registry of the properties.Following the acceptance ...

In a relief to home buyers, the Uttar Pradesh Cabinet has approved the recommendations of the Amitabh Kant committee report on real estate projects that include giving immediate possession and registry of the properties. Uttar Pradesh: Amitabh Kant Panel Report on Real Estate Offers Hope for 1.12 Lakh NOIDA Home Buyers.

SWAMIH Fund: In its letter to the finance minister, Nirmala Sitharaman, NAREDCO reiterated its long-standing request for allowing the option of claiming input tax credit by residential project developers with higher GST.

The builders’ body has also sought the removal of tax on notional rent levied on unsold stock.

NAREDCO urges second tranche of SWAMIH fund, input tax credit under GST, and incentives for rental housing in budget 2024-25., , budget, real estate

The National Real Estate Development Corporation (NAREDCO), the apex body of real estate developers in India, has urged the Union Finance Minister to remove income tax on unsold flats and demand MSME status for access to low interest loans. The developers body has recommended phase two of the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund for stressed projects and ITC under GST for residential projects ahead of Budget FY25.