Page 17 - Maximum Governance News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Budget reinforces govt focus on affordable housing: Niranjan Hiranandani Niranjan Hiranandani, National President, NAREDCO, and MD, Hiranandani Group× Proposals are growth-oriented, says MD, Hiranandani Group From an overall macro-economic perspective, the Finance Minister has delivered a ‘get well soon’ type of Budget. If we were to look at the ‘V’ shaped economic recovery and its future progress, it is powered by the Covid-19 vaccination programme. Affordable Housing remains the Government of India’s favoured segment in real estate, going by the Budget proposals. As the Indian e...

Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry has congratulated the Finance Minister for presenting a historic budget and considering the aspirations of all sections of the society for the improvement of standards of living and ease of doing business in industry across the segments. The focus of budget on six pillars, including Health and Well-Being, Physical and Financial capital and infrastructure, Inclusive Development for Aspirational India, Reinvigorating Human Capital, Innovation and Research & Development, and Minimum Government, and Maximum Governance is highly enc...

Proposal to set up 7 mega textile parks in 3 years welcomed Leaders of CII-Telangana and the Federation of Telangana Chambers of Commerce and Industry (FTCCI) have hailed Union Budget 2021-22 as growth oriented. The budget is favourable towards improving overall economy with its emphasis on building strong infrastructure, developing a healthy India and reinvigorating education sector. Its stress on Minimum Government and Maximum Governance will strengthen the vision of Atmanirbhar Bharat, CII-TS Chairman Krishna Bodanapu said in a statement. Noting the focus it laid on skilling by reviving ...

Union Budget 2021 Live Updates: We chose to spend big on infrastructure and healthcare sector, says FM Sitharaman As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments. By Reema Sharma | Last Updated: Monday, February 1, 2021 - 17:19

Taxation Tax System. We slashed our Corporate Tax rate to make it lowest in the world. - For senior citizens with the only pension as a source of income, government grants exemption from filing income tax returns. - I propose to reduce the time limit for reopening of assessments (tax assessments) to 3 years from the present 6 years: FM - Govt to set-up a faceless dispute resolution mechanism for small taxpayers. - Govt proposes to increase the threshold for tax audit to Rs.10 crore vs Rs. 5crore (for those transacting 95 per cent digitally). - Rs 1.5 Lakh additional deduction on loan for aff...