Live Breaking News & Updates on Nd Technology Contrary To The Expectations

Mumbai (Maharashtra) [India], February 2 (ANI/PRNewswire): The proposed Union Budget 2023-24 largely focuses on green growth, urban infrastructure, and technology. Contrary to the expectations, there were no direct announcements for the real estate sector. However, the government continued to focus on the affordable housing segment by increasing the capital outlay. The commercial real estate sector would also be benefitted by the incentives provided for start-ups, fintech companies and enhancing ease of doing business. The budget has brought in parity in terms of taxation on all kinds of income for REIT/InvITs unitholders. Income received by REIT/InvITs unitholders in the form of 'repayment of debt' to be taxed from April 2024, which was earlier a pass through. "The Union Budget 2023 has emphasized the need to accelerate economic growth, create new job opportunities, and build resilient infrastructure. Even though there was little for the real estate sector, especially our ....

Riddhi Vira , Sukanya Dasgupta , Boman Irani , Ramesh Nair , Communications Colliers India , Marketing Communications Colliers India , Green Credit Programme , Market Development Asia , Union Budget , Chief Executive Officer , Managing Director , Market Development , Pradhan Mantri Awas Yojana , Unified Filing Process , Environment Protection Act , Real Estate Industry , Mumbai Metropolitan Region , Navi Mumbai , Mumbai Maharashtra India , Ebruary 2 Ani Prnewswire The Proposed Union Budget 2023 24 Largely Focuses On Green Growth , Urban Infrastructure , Nd Technology Contrary To The Expectations , Here Were No Direct Announcements For The Real Estate Sector However , He Government Continued To Focus On The Affordable Housing Segment By Increasing Capital Outlay Commercial Real Estate Sector Would Also Be Benefitted Incentives Provided For Start Ups , Intech Companies And Enhancing Ease Of Doing Business The Budget Has Brought In Parity Terms Taxation On All Kinds Income For Reit Invits Unitholders Received By Form 39 Repayment Debt To Be Taxed From April 2024 , Hich Was Earliera Pass Through Quot The Union Budget 2023 Has Emphasized Need To Accelerate Economic Growth ,