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Updated Feb 01, 2021 | 05:00 IST
Five bosses from the real estate sector list out the potential announcements in the Union Budget 2021-22 that will help the sector recover from the pandemic Union Budget 2021: 5 real estate sector bosses list their expectations | Photo Credit: Thinkstock
Reeling under a sluggish economy after the demonetisation jolt and a subsequent knockout punch of the pandemic, industry bosses hope for a swathe of sops for the industry when Finance Minister Nirmala Sitharaman presents the Union Budget 2021-22 later Monday. On the wish list are sops for tier 2, 3 cities to boost local real estate market, simpler taxation for industry, single-window clearance for projects. CLSS extension to boost demand. Here’s what real estate players want from the Union Budget 2021-22.
The budget will come as an economic vaccine for the pandemic-battered economy and steer India with the much-needed stimulus to boost demand, consumer confidence and at the same time boost the purchasing power of the people, the Indian Chamber of Commerce (ICC) said.
Budget 2021: Railways are considered to be crucial driver of India s economy. It s expected that Centre may announce a few Tejas trains, dedicated railway line to move agri goods and infrastructural up-gradation for railways
Budget 2021: Will govt provide income tax relief in Covid-hit year?
Budget 2021: Several recommendations have been sent to Centre to provide relief to taxpayers in terms of tax deduction, slabs and rates but it s unlikely as the Centre s finances have badly hit due to pandemic
BusinessToday.In | January 31, 2021 | Updated 14:41 IST
Centre may not be in a position to offer much to taxpayers this time
Just a few hours from now, Union Finance Minister Nirmala Sitharaman will announce her third budget in Parliament. As India gets ready for Budget 2021 after a year that hit the country s economy hard, taxpayers in the country are wondering if they ll get any relief in terms of revision in tax slabs or interest rates.